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Arcelor Mittal (MTS)

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#27481

Re: Arcelor Mittal (MTS)

Las subidas de arcelormittal esta semana estan siendo tan poderosas entre otras cosas porque los precios del hierro estan subiendo con fuerza y ya rozan los 60$.

http://www.theaustralian.com.au/business/mining-energy/iron-ore-approaches-us60-a-tonne/news-story/e16a3e5ab67c8c15f2d866c8b8941a04

Iron ore approaches $US60 a tonne

The Australian
April 13, 2016 7:38AM
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Elizabeth Redman
North American Correspondent
New York

A processing plant can be seen at the Fortescue Metals Group Christmas Creek iron-ore mine located south of Port Hedland. (REUTERS)

The iron ore price has rallied for a second straight day and is approaching the $US60 a tonne level amid talk of “exuberance” in the Chinese steel market.

Iron ore jumped 4.7 per cent to $US58.50 a tonne, following a 4.9 per cent rise in the previous session.

The price rise comes as demand from Chinese steel mills appears to be improving as their profitability picks up.

“Steel producers are a bit more enthusiastic about buying iron ore because prospects for demand and the Chinese economy look pretty good,” Maike Futures analyst Dang Man told Bloomberg. “The exuberance in the steel market hasn’t ended.”

The commodity’s jump buoyed the Australian mining giants during London trade. BHP Billiton rose 3.9 per cent, while rival Rio Tinto gained 2.8 per cent.

Meanwhile, research house Bernstein declared that Rio and BHP were key defensive mining stocks to protect against a downturn in the sector.

The companies show a “paradox of quality”, with lower volatility that means they outperform in downturns and underperform in upturns, Bernstein said, according to Bloomberg.

The research house said BHP was robust enough to face tougher conditions, while Rio was the best choice due to its ability to cope with lower iron ore prices.

Last week, Bernstein tipped a stunning recovery for the iron ore price to $US89 a tonne over the next three years, well above consensus estimates.

Other analysts’ predictions for the nearer term range between the $US30s and $US50 a tonne as the market remains oversupplied. Although the iron ore price remains comparatively depressed, it has managed to defy the more bearish predictions for much of the year so far.

Recordemos los precios del hierro en los ultimos 12 meses aqui:

http://www.indexmundi.com/commodities/?commodity=iron-ore&months=12

Como podemos ver si este mes sigue con fuerza y cierra por encima de 62,29 sera el mejor mes desde hace 1 año. Eso deberia notarse en la cuenta de resultados, no se si lo suficiente como para salirse de perdidas en la parte del negocio de mineria pero por lo menos para no tener unos resultados tan catastroficos :)

#27482

Re: Arcelor Mittal (MTS)

Yo apuesto por un 2016 con 100%-150% de subida y un 2017 con otro 100%. A partir de ahí, subidas anuales un poco mas moderadas. Los fondos están comprando viendo este panorama. 2017 es probable que lo cierre por encima de 15 euros si la demanda de Acero aumenta. Si además los beneficios de Arcelor se disparan, podemos estar ante uno de los mejores valores del IBEX de los próximos dos años.

#27483

Re: Arcelor Mittal (MTS)

Me alegro amigo, se te echa en falta por el foro, no todo puede ser...como era no hace mucho... mantenerlo activo cuando caian chuzos de punta.

Ahora bien que nos merecemos una alegria en la casa del pobre... y como dice Sailrum, hay que celebrar que aguantamos...como los de 300, ya veremos como acabamos !!!!

#27484

Re: Arcelor Mittal (MTS)

Lakshmi Mittal también tiene algo que ver. La ampliación ha sido precisa y adecuada al momento. Las noticias de precios de materias primas, de protección del sector y la habilidad financiera de Lakshmi, todo mezclado hacen que el precio remonte y el gráfico lo refleje. Se verá más claro en Mayo.

#27485

Re: Arcelor Mittal (MTS)

Ein?

En el vacío y en llenio. Los cohetes siempre cumplen la tercera ley (y el resto)

El cohete expulsa el propelente por la tobera del motor a una velocidad X y el propelente empuja al vector (cohete) con la misma energía pero en sentido opuesto.

El tipo de propulsión y combustible no es relevante en esta ecuación, criogenico, kerolox, solido, ionico, nuclear, etc....

Acción <-> reacción

#27486

Re: Arcelor Mittal (MTS)

¿Ves Asturcom? Como para seguir el foro, con lo técnico que se ha puesto.

Es broma, un saludo a todos los que llevamos aquí la intemerata.

#27487

Re: Arcelor Mittal (MTS)

Coño, qué gusto!!

Si es que tenemos gente que sabe de todo!

#27488

Re: Arcelor Mittal (MTS)

Turno ahora para malas noticias desde China. Los chinos han exportado un 30% mas de acero con respecto al año anterior en marzo, y un 23% mas en marzo con respecto al mes de febrero (aunque febrero tiene menos dias y ademas estuvo afectado por el año nuevo chino). Pero el dato de un 30% mas de exportacion que en 2015 me parece nefasto, no me lo esperaba en absoluto parece que van a seguir produciendo a saco.

La parte buena es que Juncker ha dicho que siguen estudiando aumentar los aranceles a los productos chinos, espero que se pongan las pilas pronto y pongan como los americanos mas de un 200% y cosas asi que de verdad frenen la llegada de la competencia desleal china.

http://www.telegraph.co.uk/business/2016/04/13/fresh-tariffs-on-imports-of-chinese-steel-being-considered-by-eu/

Fresh tariffs on imports of Chinese steel being considered by EU

Imports of subsidised Chinese steel are being blamed as a major cause of the steel crisis
Imports of subsidised Chinese steel are being blamed as a major cause of the steel crisis

Alan Tovey, Industry Editor

13 April 2016 • 12:06pm

Steel imports from China could be hit with fresh trade duties by the EU, according to European Commission president Jean-Claude Juncker.

Speaking to the European Parliament in Strasbourg, Mr Juncker said the commission was investigating China’s largely state-backed steel industry, which European producers say is one of the major causes for the crisis in the British steel sector.

A fortnight ago Tata said it was selling its UK steel operations in a move that puts up to 40,000 British jobs at risk if no buyer can be found.

On Monday the company offloaded its long products division to turnaround investor Greybull for a nominal sum, and launched the sale of its strip business, which is making a loss of £1m a day.

China is accused of dumping subsidised steel on foreign markets at prices which European producers are unable to compete with.

The situation was highlighted by Chinese economic data, which showed that in March exports of steel from the country was 30pc higher than a year ago.
“The steel industry has problems. We are now investigating steel production in China to determine whether it is dumped in the market”
Jean-Claude Juncker, European Commission president

Mr Juncker said: “The steel industry has problems. We are now investigating steel production in China to determine whether it is dumped in the market and we will take other measures if necessary.”

Duties on imports can only be introduced at an EU-wide level, and Brussels has been attacked by steelmakers for the low level of tariffs imposed and the delays in putting them in place.

However, a row has also broken out with the industry criticising UK politicians for blocking moves to introduce a more punishing EU regime of tariffs and to get rid of the current “lesser duty rule” which results in only small levies.

Business Secretary Sajid Javid has defended the stance, saying harsher tariffs would push prices higher and harm other sections of industry which buy in steel.
Stacks of rebar steel
Chinese imports of rebar steel used in construction have fallen, according to the Government Credit: Reuters

Speaking at an emergency debate in Westminster on the steel crisis on Tuesday, he claimed that current tariffs were working, citing January’s 99pc drop in imports of rebar steel used in construction in the wake of an 11pc tariff.

However, this week's Chinese customs data showed that despite the anti-dumping measures, in March China exported 9.98m tonnes of steel, 23pc higher than in the preceding month.

The Beijing government is under pressure to help the country’s giant steel sector find customers, with domestic demand declining as the economy slows. China’s steel industry is the world’s largest, making up about half of the world’s 1.6bn tonne capacity, and employing three million direct workers and many times that number in the supply chain.

It is feared that cutting steel production could trigger unrest in the country, and brokerage Jefferies has warned it could also set off a financial crisis, with Beijing-backed banks holding the bulk of Chinese producers’ $520bn of debt.

In a comprehensive note on the sector, analyst Seth Rosenfeld said: “Do Chinese banks and policymakers have the stomach to manage an impending default crisis that will naturally come alongside steel plant closures?”
Imports of rebar steel used in construction have fallen following the introduction of tariffs according to the Government
Tata is seeking buyers for its Port Talbot site Credit: Getty

With Tata on Monday officially launching the sale of its strip steel business centred around the Port Talbot plant in Wales, only commodities group Liberty House has come forward as a bidder.

Tata said it had “tens” of expressions of interest but declined to put an exact number on potential buyers or identify them.

Reports in Germany also linked Thyssenkrupp with Tata, claiming the companies were holding “high-level talks” about a potential tie-up of their European operations that could see a separate joint venture.

Some think Tata’s modern and efficient operation in Holland could merge with Thyssenkrupp. The steelworks at Port Talbot are more expensive to run and suffer from high energy costs in the UK.