Not dead yet? The future of FeSi consumption and production in Europe

Size: px
Start display at page:

Download "Not dead yet? The future of FeSi consumption and production in Europe"

Transcription

1 Not dead yet? The future of FeSi consumption and production in Europe Kevin Fowkes Ferroalloy Industry Consultant 15 th November, 2011

2 What is ferrosilicon? A ferroalloy of iron and silicon (FeSi), normally ~75% Si Used extensively in molten crude steel as a de-oxidising agent Also used to add electrical conductivity and corrosion-resistance properties to steel Average Si content of steel is 0.3%. Many individual grades are much higher in Si stainless steel (up to 1% Si), electrical steels (up to 7% Si) Around 70% of global FeSi output is used in steel Other important applications are for de-carburising molten grey iron for the production of foundry castings (20% of global FeSi consumption) and for producing magnesium metal in China (7% of global FeSi consumption)

3 Global FeSi demand is 8Mt in European share has fallen from 24% in 2000 to 12% in Global FeSi production (million tonnes 75% basis) 8 Rest of world 6 Other Asia % 59% China CIS N.America Europe 0 24% 12%

4 European FeSi consumption has developed broadly in line with European crude steel output 1200 EU-27 FeSi consumption (thousand tonnes 75% basis) EU-27 crude steel output (million tonnes) Steel output (right axis)

5 The geography of European FeSi demand reflects the geography of European steel output 250 EU-27 crude steel output (million tonnes) Other countries Poland UK France Spain Italy Germany 0 Source: worldsteel.org

6 FeSi demand in Europe is heavily focused on niche grades stainless, electrical, foundry castings EU-27 FeSi consumption by end-use, 2011* Stainless steel Electrical steel Other carbon steel Foundry Other *total consumption ~800,000mt

7 Consumption of FeSi per tonne of steel in Europe remains on a flat long-term trend 5.00 EU-27 FeSi consumption (kg) per tonne of crude steel output Linear trend line

8 This reflects a balance of electrical steel output underperforming the average, and stainless over-performing EU-27 steel production (Index, 2001=100) Total crude steel Stainless 100 steel Electrical steel Source: worldsteel.org, ISSF

9 Whilst consumption of FeSi per tonne of steel in Europe is flat, the trend for SiMn is rising 6.00 EU-27 FeSi and SiMn consumption (kg) per tonne of crude steel produced SiMn FeSi

10 Whilst consumption of FeSi per tonne of steel in Europe is flat, the trend for SiMn is rising This reflects several factors: Increasing use of manganese to add strength to European steel especially auto steels. Many non-surface-exposed auto steels can use SiMn, which is seen as the most cost-effective option Increasing cheapness of SiMn relative to using FeSi + FeMn Over time, steel plant hopper configurations and management culture can be adapted to switch between SiMn, FeMn and FeSi Short-term substitution between SiMn, FeMn and FeSi does not occur in Europe to any significant degree

11 Using SiMn is consistently cheaper for European steelmakers than using FeSi+FeMn 3,500 Price to European steelmaker for one tonne of SiMn versus FeSi+HCFeMn* (US$ per tonne) 3,000 2,500 2,000 1,500 1,000 FeSi + HCFeMn* SiMn *Equivalent quantities of FeSi and HCFeMn needed to provide same level of Si and Mn as one tonne of SiMn, incorporating credit for extra Fe units

12 Nevertheless, a significant proportion of European steelmakers are restricted in their ability to use SiMn To use SiMn, ideal Si to Mn ratio in steel is 1 to 4 FeSi necessary in all steels where Si to Mn ratio is high (eg electrical steels ratio of max 20 to 1) High Si to Mn ratio also in most foundry iron castings Plant design and configuration difficult and expensive to change Steel company inertia, and engineer-led purchasing

13 Future European FeSi consumption will be in the range of ,000mt per year 1200 EU-27 FeSi consumption (thousand tonnes 75% basis) Permanent steel & foundry plant closures in recession Closures from recession? Closures from BFs needing reline?

14 Currently, European and Scandinavian producers supply 60% of the European FeSi market 1,200 FeSi supply to the EU-27 market (thousand tonnes 75% basis) Anti-dumping duties imposed in ,000 Other 800 Brazil % 36% 18% 32% 17% 23% China CIS Norway & Iceland EU domestic

15 FeSi anti-dumping duty rates in the European Union, as imposed in 2007 China Erdos 16% China others 29 31% Egypt 15 18% Kazakhstan 34% Macedonia 5%* Russia 18 23%** * Reduced to zero in review, Dec 2009 ** Subject to as yet unsuccessful review in

16 A map of European ferrosilicon producers Finnfjord Elkem Iceland Elkem Salten Fesil Rana NORWAY & ICELAND Elkem Bremanger Elkem Bjolvefossen EU PRODUCERS Huta Laziska OFZ Ferroatlantica Cee Ferroatlantica Dumbria Ferroatlantica Chateau Feuillet Ferroatlantica Laudun Ferroatlantica Pierrefitte Silmak

17 European FeSi production capacity is 700,000 tonnes per year, 85% of European consumption 900 (thousand tonnes 75% basis) Silmak OFZ Huta Laziska 400 Ferroatlantica Finnfjord Fesil Elkem EU FeSi demand, 2011 European FeSi production, % European FeSi capacity, %

18 FeSi spot price development recent steep declines in Europe 3,000 Standard 75 FeSi spot prices (US$/tonne) 2,500 2,000 1,500 1,000 China export USA Europe 500 0

19 At current prices, one third of supply to the European FeSi market is in loss-making territory European FeSi operating cost** curve, 2011, Euros per tonne ADD* 1200 Current price 1050 ADD* Russians Brazilians Chinese Norwegian & Icelandic producers Cumulative production EU producers *ADD = anti-dumping duty ** cash cost plus depreciation

20 European power prices have provided respite in 2011, but have started to rise again 120 Nordpool system power price (US$/MWh) Production cost breakdown by component for average European FeSi plant Labour 25% Electricity 40% Other raw materials 10% 0 Coke 25%

21 In conclusion European production and consumption of FeSi is not dead yet, and both still have a future Consumption of FeSi relative to steel output in Europe has stuck to a stable long-term trend Some consumption decline likely in next 5 years reflecting prospects for EU steel production, but demand of 700,000 tonnes should be maintained SiMn is gradually gaining market share in Europe, but sudden short-term switching from FeSi is not likely Break even costs for European swing/marginal capacity sets medium term price level in market protected by anti-dumping duties Current prices are /tonne below break-even for marginal producers; output reductions seem likely in short term

Observations on the global and Asian ferrosilicon markets

Observations on the global and Asian ferrosilicon markets Observations on the global and Asian ferrosilicon markets Kevin Fowkes Ferroalloy Industry Consultant 28 th March, 2012 What is ferrosilicon? A ferroalloy of iron and silicon (FeSi), normally ~75% Si Used

More information

China and its impact on the global ferrosilicon market

China and its impact on the global ferrosilicon market China and its impact on the global ferrosilicon market Kevin Fowkes Managing Consultant Metal Bulletin 28 th International Ferroalloys Conference Berlin, 13 th November 2012 What is ferrosilicon? A ferroalloy

More information

Introduction to the silicon stream: Recent developments in the silicon and ferrosilicon markets

Introduction to the silicon stream: Recent developments in the silicon and ferrosilicon markets Introduction to the silicon stream: Recent developments in the silicon and ferrosilicon markets Kevin Fowkes Managing Consultant Metal Bulletin 31 st International Ferroalloys Conference Prague, 9 th November

More information

Introduction to the silicon stream: Recent developments in the silicon and ferrosilicon markets

Introduction to the silicon stream: Recent developments in the silicon and ferrosilicon markets Introduction to the silicon stream: Recent developments in the silicon and ferrosilicon markets Kevin Fowkes Managing Consultant Metal Bulletin 31 st International Ferroalloys Conference Prague, 9 th November

More information

Rising power prices and their impact on the competitiveness of the ferroalloy smelting industry in South Africa

Rising power prices and their impact on the competitiveness of the ferroalloy smelting industry in South Africa Rising power prices and their impact on the competitiveness of the ferroalloy smelting industry in South Africa Kevin Fowkes Managing Consultant Metal Bulletin African Ferroalloys & Chromite Conference

More information

Silicon metal: Are the good times coming back?

Silicon metal: Are the good times coming back? Silicon metal: Are the good times coming back? Kevin Fowkes Managing Consultant Metal Bulletin 30 th International Ferroalloys Conference Barcelona, 11 th November 2014 For discussion Silicon metal supply,

More information

Developments in the silicon metal market

Developments in the silicon metal market Developments in the silicon metal market Kevin Fowkes Managing Consultant Argus European Light Metals Conference Dusseldorf, 4 th November 2015 The ups and downs of the solar industry have driven silicon

More information

Manganese ore: Where is the recovery?

Manganese ore: Where is the recovery? Manganese ore: Where is the recovery? Kevin Fowkes Ferroalloy Industry Consultant 29 th March, 2012 What is manganese? Manganese is the world s fourth most heavily consumed metal Global mine output of

More information

RECENT MARKET DEVELOPMENTS

RECENT MARKET DEVELOPMENTS RECENT MARKET DEVELOPMENTS DSTI/SU/SC(215)9 Summary of recent developments Economic outlook has weakened Steel market sentiment is down Demand for steel falling in major economies Broad-based decline in

More information

Karl Liu. General Manager. SINO-MINEMET Intl Co (China) 29th International Ferro-Alloys Conference. Nov. 10-Nov. 12, 2013 Barcelona,Spain L/O/G/O

Karl Liu. General Manager. SINO-MINEMET Intl Co (China) 29th International Ferro-Alloys Conference. Nov. 10-Nov. 12, 2013 Barcelona,Spain L/O/G/O 29th International Ferro-Alloys Conference Karl Liu General Manager L/O/G/O SINO-MINEMET Intl Co (China) www.themegallery.com Nov. 10-Nov. 12, 2013 Barcelona,Spain ABOUT SINO-MINEMET Founded in 1999 by

More information

European Aluminium s position on the anti-dumping. proceeding concerning imports of silicon originating in Bosnia and Herzegovina and in Brazil.

European Aluminium s position on the anti-dumping. proceeding concerning imports of silicon originating in Bosnia and Herzegovina and in Brazil. Save nb: t18.001151 - Save Date: 14/02/2018 - Page 1 of 6 - TDI.Limited and for parties 2 February 2018 For Inspection 1. INTRODUCTION & EXECUTIVE SUMMARY European Aluminium takes note of the initiation

More information

Katerina Yefimenko National Centre for Global Market Research (DZI) Ukraine: geopolitics and ferro-alloys production

Katerina Yefimenko National Centre for Global Market Research (DZI) Ukraine: geopolitics and ferro-alloys production Katerina Yefimenko National Centre for Global Market Research (DZI) Ukraine: geopolitics and ferro-alloys production Production by process (2013) Ukraine Russia EU 27 Oxygen converter, % 74.1 66.3 60.2

More information

AD645 Assiral position paper on investigation concerning imports of Silicon originating in Bosnia Herzegovina and Brazil

AD645 Assiral position paper on investigation concerning imports of Silicon originating in Bosnia Herzegovina and Brazil Save nb: t18.001282 - Save Date: 20/02/2018 - Page 1 of 10 - TDI.Limited and for parties AD645 Assiral position paper on investigation concerning imports of Silicon originating in Bosnia Herzegovina and

More information

MBR s OCTG and Linepipe Market Overview MBR s US Steel and & Ferro-silicon Outlook Analysis/Outlook

MBR s OCTG and Linepipe Market Overview MBR s US Steel and & Ferro-silicon Outlook Analysis/Outlook MBR s OCTG and Linepipe Market Overview MBR s US Steel and & Ferro-silicon Outlook Analysis/Outlook MB s 31st International Ferro-alloys Conference AMM Tube and Pipe Conference Prague - 9 November 20 Houston,

More information

Metal Bulletin India Ferroalloy Conference Hyderabad 8-10 February Alloy Market: Present Situation & Trends

Metal Bulletin India Ferroalloy Conference Hyderabad 8-10 February Alloy Market: Present Situation & Trends Metal Bulletin India Ferroalloy Conference Hyderabad 8-1 February 24 Alloy Market: Present Situation & Trends Introduction 1. BHP Billiton s position in the carbon steel materials and ferroalloy industry

More information

2008 Annual Report on Ferrosilicon Market

2008 Annual Report on Ferrosilicon Market 2008 Annual Report on Ferrosilicon Market 1. Introduction of Ferrosilicon Ferrosilicon, or ferrosilicium, is a ferroalloy an alloy of iron and silicon with between 15 and 90% silicon. It contains a high

More information

Developments in production costs and competitiveness in ferrochrome

Developments in production costs and competitiveness in ferrochrome Developments in production costs and competitiveness in ferrochrome Kevin Fowkes Managing Consultant Metal Bulletin 29 th International Ferroalloys Conference Barcelona, 12 h November 2013 Structure 1.

More information

Mohit Pawnday Head Commercial

Mohit Pawnday Head Commercial www.seml.co.in Mohit Pawnday Head Commercial Synergy in Energy M I N I N G P O W E R F E R R O-A L L O Y S S T E E L 2016 Asian Pacific Ferro-Alloys & Steel International Conference Venue:- Hanoi Sofitel

More information

Steel Price Forecasts To 2023 European Union

Steel Price Forecasts To 2023 European Union Steel Price s To 2023 European Union Price of report 1025 December 2018 MEPS (INTERNATIONAL) LTD 263 Glossop Road, Sheffield, S10 2GZ, UK Telephone: (0114) 275 0570 Fax: (0114) 275 9808 E-mail: subs@meps.co.uk

More information

EU Steel Market Situation and Challenges

EU Steel Market Situation and Challenges 78th Session of the OECD Steel Committee Paris, 11-12 May 2015 EU Steel Market Situation and Challenges EU steel-using sectors: gradual further rise activity 2015-2016 SWIP: Steel Weighted Industrial Production

More information

Overview of the Manganese Market

Overview of the Manganese Market Overview of the Manganese Market Aloys d Harambure IMnI Executive Director adharambure@manganese.org IMnI Annual Conference June 18-20, 2018 Kuala Lumpur, Malaysia Photo: Pertama Ferroalloys, Malaysia

More information

Steelmaking raw materials: Market and Policy Developments

Steelmaking raw materials: Market and Policy Developments Steelmaking raw materials: Market and Policy Developments DSTI/SU/SC(2010)16 69 th Steel Committee Meeting Paris 3-4 December 2010 Summary Recovery in world output of steel has raised the demand for raw

More information

Global overcapacity: A growing risk for the Latin American steel industry

Global overcapacity: A growing risk for the Latin American steel industry Global overcapacity: A growing risk for the Latin American steel industry OECD Steel Committee Paris, France December 2013 Agenda I. Is global excess capacity leading to oversupply in domestic and key

More information

BHP Billiton. Affival Nordic Cored Wire & Alloy Market Seminar. 7 September 2006

BHP Billiton. Affival Nordic Cored Wire & Alloy Market Seminar. 7 September 2006 BHP Billiton Affival Nordic Cored Wire & Alloy Market Seminar 7 September 2006 Manganese Industry Overview Manganese Value System Overview Manganese End Use Markets Crude Steel Manganese Alloy Industry

More information

全球硅铁行业发展形势及展望 GLOBAL FERROSILICON SITUATION & OUTLOOK. 王慧英女士 Ms. Wang Huiying. Rongsheng Group

全球硅铁行业发展形势及展望 GLOBAL FERROSILICON SITUATION & OUTLOOK. 王慧英女士 Ms. Wang Huiying. Rongsheng Group 全球硅铁行业发展形势及展望 GLOBAL FERROSILICON SITUATION & OUTLOOK 王慧英女士 Ms. Wang Huiying Rongsheng Group 宁夏荣盛特种合金集团有限公司北京销售分公司 Ningxia Rongsheng Specialalloy Group Co.,ltd (Beijing Sales Company) Ningxia Rongsheng

More information

Presentation F t u ur u e o f o M ercha h nt n C ok o e I n I d n u d s u try I n I

Presentation F t u ur u e o f o M ercha h nt n C ok o e I n I d n u d s u try I n I Presentation Future of Merchant Coke Industry In India An attractive opportunity for coking coal miners to invest in coke making business in India, given the low cost coke plant technology as well as lowest

More information

Ryo Hattori, Nisshin Steel Co., Ltd. Fundamental problems of the Asian Stainless Steel Market & the Recovery of the Japanese Stainless Steel Market

Ryo Hattori, Nisshin Steel Co., Ltd. Fundamental problems of the Asian Stainless Steel Market & the Recovery of the Japanese Stainless Steel Market Ryo Hattori, Nisshin Steel Co., Ltd. Fundamental problems of the Asian Stainless Steel Market & the Recovery of the Japanese Stainless Steel Market 1 Summary World & Asian Stainless Steel Production China:

More information

Eurasian Natural Resources Corporation PLC

Eurasian Natural Resources Corporation PLC Eurasian Natural Resources Corporation PC Ferrochrome Market Review and Outlook by Mark. Midgley Marketing & Operations Director ENRC Marketing AG Disclaimer This presentation includes statements that

More information

What is manganese? Manganese is the world s fourth most heavily consumed metal (after iron, aluminium and copper)

What is manganese? Manganese is the world s fourth most heavily consumed metal (after iron, aluminium and copper) What is manganese? Manganese is the world s fourth most heavily consumed metal (after iron, aluminium and copper) Global mine output of 17 million tonnes (contained metal) in 2014 over 90% goes into steel

More information

Eurasian Resources Group. Dmitry Pastour November 2015

Eurasian Resources Group. Dmitry Pastour November 2015 Eurasian Resources Group Dmitry Pastour November 2015 1 Eurasian Resources Group Market Overview 2 Charge/HC FeCr Demand Source: Heinz H. Pariser Production, in '000 t 12,000 10,000 8,000 6,000 4,000 2,000

More information

Robert Davis Hickman, Williams & Company. Steel Founders Society of America March 23, 2011

Robert Davis Hickman, Williams & Company. Steel Founders Society of America March 23, 2011 Robert Davis Hickman, Williams & Company Steel Founders Society of America March 23, 2011 Three area s of interest World Production of Ferroalloys High Carbon Ferro Chromium Ferro Molybdenum Globally,

More information

THE REFRACTORIES INDUSTRY WORLDWIDE

THE REFRACTORIES INDUSTRY WORLDWIDE THE REFRACTORIES INDUSTRY WORLDWIDE 2012-2017 (published March 2013) TABLE OF CONTENTS PAGE 1 EXECUTIVE SUMMARY... 1 1.1 Raw materials supply and demand... 1 1.2 Refractories supply... 2 1.3 Demand drivers

More information

Iron Ore Markets Forecast Till 2025

Iron Ore Markets Forecast Till 2025 SPECIAL PROJECT Iron Ore Markets Forecast Till 2025 World market, Russia, Ukraine The research includes: Outlook of the key regional steel markets Forecast of production, consumption and trade balances

More information

Circular Material Conference Gothenburg May 11th-12th 2016

Circular Material Conference Gothenburg May 11th-12th 2016 Circular Material Conference Gothenburg May 11th-12th 2016 Gro Eide, Director R&D Technical Centre 16.05.20161 ELKEM AT A GLANCE Founded in 1904 Owned by China National Bluestar since 2011 110 years of

More information

Feeding the growth of Asia: Emerging sources of manganese ore

Feeding the growth of Asia: Emerging sources of manganese ore Feeding the growth of Asia: Emerging sources of manganese ore Kevin Fowkes Ferroalloy Industry Consultant 29 th March, 2011 Global demand for Mn ore has doubled in the last 10 years; Chinese share of demand

More information

Q2 - FY16 Investor Update Presentation

Q2 - FY16 Investor Update Presentation Q2 - FY16 Investor Update Presentation HEG Limited Profile HEG Limited is a leading graphite electrode manufacturer & exporter Globally. HEG produces two grades of graphite electrodes - Ultra High Power

More information

Ferro alloys. 1) Ferro silicon. 2) Ferro manganese. 3) Ferro chrome. 4) Silicon manganese. 5) Ferro aluminium. 6) Ferro titanium. 7) Ferro molybdenum

Ferro alloys. 1) Ferro silicon. 2) Ferro manganese. 3) Ferro chrome. 4) Silicon manganese. 5) Ferro aluminium. 6) Ferro titanium. 7) Ferro molybdenum Ferro alloys 1) Ferro silicon 2) Ferro manganese 3) Ferro chrome 4) Silicon manganese 5) Ferro aluminium 6) Ferro titanium 7) Ferro molybdenum 8) Ferro silicon calcium 9) Ferro silicon magnesium 10) Ferro

More information

Raw Material Demand and Availability Seaborne market perspective. Kees Gerretse, Group Director Supplies and Transport Tata Steel Group

Raw Material Demand and Availability Seaborne market perspective. Kees Gerretse, Group Director Supplies and Transport Tata Steel Group Raw Material Demand and Availability Seaborne market perspective Kees Gerretse, Group Director Supplies and Transport Tata Steel Group Tata Steel Procurement Vision Tata Steel Group Vision We aspire to

More information

Overview of the EMM and EMD Markets with special emphasis on China

Overview of the EMM and EMD Markets with special emphasis on China Overview of the EMM and EMD Markets with special emphasis on China Aloys d Harambure Market Research Manager International Manganese Institute (IMnI) EPD Conference March 19, 2016 China 1 Introduction

More information

Vale - The Steel Industry s Partner of Choice. Roberto Gottschalk 22 nd International Iron Ore Symposium June 1 6 th, 2016

Vale - The Steel Industry s Partner of Choice. Roberto Gottschalk 22 nd International Iron Ore Symposium June 1 6 th, 2016 Vale - The Steel Industry s Partner of Choice Roberto Gottschalk 22 nd International Iron Ore Symposium June 1 6 th, 2016 Disclaimer This presentation may include declarations stating Vale s expectations

More information

Steel and CO 2 a global perspective. IEA workshop 23 rd May 2018

Steel and CO 2 a global perspective. IEA workshop 23 rd May 2018 Steel and CO 2 a global perspective IEA workshop 23 rd May 2018 Steel in use Steel is the worlds most recycled material and also uniquely positioned to contribute to the transition to the circular economy

More information

Manganese Slag Socio-economic Assessment

Manganese Slag Socio-economic Assessment Manganese Slag Socio-economic Assessment Presentation to IMnI June 2018, Kuala Lumpur Meg Postle Director, Risk & Policy Analysts Overview 1. Background 2. Study aim and approach 3. Mn slag - production

More information

Steel Imports Report: United States

Steel Imports Report: United States Background The United States is the world s largest steel importer. In year-to-date 2017 (through September), further referred to at YTD 2017, the U.S. imported 26.9 million metric tons of steel, an increase

More information

B R I C S B R A Z I L Foundry Industry Remo De Simone President Brazilian Foundry Association - ABIFA

B R I C S B R A Z I L Foundry Industry Remo De Simone President Brazilian Foundry Association - ABIFA B R I C S FOUNDRY FORUM RUSSIA 2015 B R A Z I L and Foundry Industry Overview / Trends Remo De Simone President Brazilian Foundry Association - ABIFA MAIN TOPICS 1) Brazil in figures 2) Infrastructure

More information

Analysis of the EU meat markets

Analysis of the EU meat markets 26 September 2014 Analysis of the EU meat markets EU and to Russia (2011-2013) Recent market s The EU beef and veal market The EU has a herd of around 87.3 heads and a total yearly of about 7.7 of beef

More information

Russia: Steel Market Developments

Russia: Steel Market Developments OECD STEEL COMMITTEE Developments In World Steelmaking Capacity Russia: Steel Market Developments Paris, 5-6 June 2014 RUSSIA: STEEL OUTPUT 2000-2013 59,1 59,0 59,8 16,2 15,5 14,2 8,6 8,8 8,9 61,5 13,6

More information

World Steel Market and Ukrainian metallurgy in 2010

World Steel Market and Ukrainian metallurgy in 2010 2-Dec-21 Ministry of Industrial Policy of Ukraine SE UPE Co. Research & Consulting World Steel Market and Ukrainian metallurgy in 21 Vlasyuk V.S. SE UPE Co. Research & Consulting, Ukraine 69 th Session

More information

Ex-post Evaluation of the EU ETS: Impacts on the Aluminium Sector

Ex-post Evaluation of the EU ETS: Impacts on the Aluminium Sector MIT CEEPR The EU ETS: Perspective and Lessons 24 January 2008, Washington DC Ex-post Evaluation of the EU ETS: Impacts on the Aluminium Sector Julia Reinaud Energy Efficiency and Environment Division International

More information

Chrome Industry Overview

Chrome Industry Overview Chrome Industry Overview Victor Constant Market Research Analyst 31 st Stainless & Its Alloys Conference 2017 October 26 th, 2017 Doubletree Hotel Downtown Pittsburgh, PA - USA ICDA: Competition / Antitrust

More information

Extending the boundaries of scrap usage in wrought aluminium alloys for greater recyclability and lower energy consumption

Extending the boundaries of scrap usage in wrought aluminium alloys for greater recyclability and lower energy consumption Extending the boundaries of scrap usage in wrought aluminium alloys for greater recyclability and lower energy consumption PhD. Gheorghe DOBRA; PhD. Marin PETRE; Florea STERIE - ALRO Slatina, Romania-

More information

Challenges and limiting factors for the Recycling of steel scrap in Europe

Challenges and limiting factors for the Recycling of steel scrap in Europe Challenges and limiting factors for the Recycling of steel scrap in Europe International Workshop on Technospheric Mining 2 nd October 2015 Philip Bundschuh Table of Content Scrap availability trading

More information

ONE GROUP - MANY POSSIBILITIES

ONE GROUP - MANY POSSIBILITIES MTG incorporates leading Bulgarian foundries, specialized in casting and machining of parts of aluminium, cast iron and steel. The major technologies adopted and utilized by the plants include: centrifugal

More information

John Deere. Committed to Those Linked to the Land. Market Fundamentals. Deere & Company September 2013

John Deere. Committed to Those Linked to the Land. Market Fundamentals. Deere & Company September 2013 John Deere Committed to Those Linked to the Land Market Fundamentals Deere & Company September 2013 Safe Harbor Statement & Disclosures This presentation includes forward-looking comments subject to important

More information

RECENT MARKET DEVELOPMENTS IN THE GLOBAL STEEL INDUSTRY

RECENT MARKET DEVELOPMENTS IN THE GLOBAL STEEL INDUSTRY The economic background 13/5/215 RECENT MARKET DEVELOPMENTS IN THE GLOBAL STEEL INDUSTRY DSTI/SU/SC(215)1 78 th Steel Committee Meeting Paris, 11-12 May 215 Naoki Sekiguchi Email: naoki.sekiguchi@oecd.org

More information

Steel and Raw Materials Data Price Feed

Steel and Raw Materials Data Price Feed Steel and Raw Materials Data Price Feed Latin America export billet $ per tonne fob main port Latin America export slab $ per tonne fob main port UK domestic stainless steel scrap 12-13% Cr Solids per

More information

Steel Market Research & Consultancy

Steel Market Research & Consultancy Steel Market Research & Consultancy Flat Products Long Products Medium Term Forecast Long Term Forecast Consultancy GFMS: The Leading Provider p.2 Advantages From GFMS Steel Research p.3 GFMS Steel Research

More information

2008 Chinese manganese ore and alloy market annual report

2008 Chinese manganese ore and alloy market annual report 2008 Chinese manganese ore and alloy market annual report Preface 2008 world economy went deeper and deeper in the US subprime mortgage crisis, which gradually becomes a global financial storm and even

More information

East meets West: European synergies in precision tubes. Bernd Estermann, Marcegaglia Poland

East meets West: European synergies in precision tubes. Bernd Estermann, Marcegaglia Poland East meets West: European synergies in precision tubes Bernd Estermann, Marcegaglia Poland Good afternoon. My name is Bernd Estermann, commercial director at Marcegaglia Poland in Kluczbork. 2 Marcegaglia

More information

BIR GLOBAL FACTS & FIGURES FERROUS METALS WORLD STEEL RECYCLING IN FIGURES Steel Scrap a Raw Material for Steelmaking.

BIR GLOBAL FACTS & FIGURES FERROUS METALS WORLD STEEL RECYCLING IN FIGURES Steel Scrap a Raw Material for Steelmaking. BIR GLOBAL FACTS & FIGURES FERROUS METALS WORLD STEEL RECYCLING IN FIGURES 2013 2017 Steel Scrap a Raw Material for Steelmaking Ferrous Division Copyright BIR 2018. All rights reserved. 2 World Steel Recycling

More information

Case No COMP/M ERAMET / TINFOS. REGULATION (EC) No 139/2004 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 03/07/2008

Case No COMP/M ERAMET / TINFOS. REGULATION (EC) No 139/2004 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 03/07/2008 EN Case No COMP/M.5179 - ERAMET / TINFOS Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 03/07/2008 In electronic form

More information

COMPARISON OF THE STEEL DEMAND BETWEEN THE EUROPEAN UNION AND CHINA. Lenka FOJTÍKOVÁ

COMPARISON OF THE STEEL DEMAND BETWEEN THE EUROPEAN UNION AND CHINA. Lenka FOJTÍKOVÁ COMPARISON OF THE STEEL DEMAND BETWEEN THE EUROPEAN UNION AND CHINA Lenka FOJTÍKOVÁ VŠB-TU Ostrava, Havlíčkovo náb. 38a, 701 21 Ostrava 1, lenka.fojtikova@vsb.cz Abstract The steel sector is important

More information

New Competitive Realities in Steel: Cost Leaders in the New World

New Competitive Realities in Steel: Cost Leaders in the New World New Competitive Realities in Steel: Cost Leaders in the New World by Gilles Calis, Managing Consultant SteelConsult International SBB Steel Markets Asia Conference 15-16 November 25 Taj Lands End Hotel

More information

Highlight. Anti-dumping measures on steel imports protecting domestic industry? 2 November 2016

Highlight. Anti-dumping measures on steel imports protecting domestic industry? 2 November 2016 2 November 2016 Anti-dumping measures on steel imports protecting domestic industry? Highlight Thailand's attempt to protect domestic steel producers has intensified. The government plans to increase the

More information

Session 3: CO 2 Price Effects on EU Industry. Neil Walker

Session 3: CO 2 Price Effects on EU Industry. Neil Walker Session 3: CO 2 Price Effects on EU Industry Neil Walker Key Points Focus on non-electricity sectors, especially cement No evidence to date indicating adverse impacts on macro-economic performance Sectors

More information

John Deere. Committed to Those Linked to the Land. Market Fundamentals. Deere & Company August/September 2014

John Deere. Committed to Those Linked to the Land. Market Fundamentals. Deere & Company August/September 2014 John Deere Committed to Those Linked to the Land Market Fundamentals Deere & Company August/September 2014 Safe Harbor Statement & Disclosures This presentation includes forward-looking comments subject

More information

John Deere Committed to Those Linked to the Land Market Fundamentals

John Deere Committed to Those Linked to the Land Market Fundamentals John Deere Committed to Those Linked to the Land Market Fundamentals Deere & Company July 2013 Safe Harbor Statement & Disclosures This presentation includes forward-looking comments subject to important

More information

THE NUMBERS STEPHEN TAYLOR

THE NUMBERS STEPHEN TAYLOR THE NUMBERS STEPHEN TAYLOR Millions of tonnes UK PORT TRAFFIC LONG TERM 600 500 One-port 5% Coastwise 8% Oneport 7% Coastwi se 27% Exports 15% Imports 51% 400 300 200 100 0 1975 1977 1979 1981 1983 1985

More information

Investor Day Alloys Imphy November 16 th, Philippe Darmayan Chief Executive Officer

Investor Day Alloys Imphy November 16 th, Philippe Darmayan Chief Executive Officer Investor Day Alloys Imphy November 16 th, 2011 Philippe Darmayan Chief Executive Officer Disclaimer Forward-Looking Statements This document may contain forward-looking information and statements about

More information

Graphite India Limited

Graphite India Limited Earnings Release Earnings Release Earnings Release Earnings Release Earnings Release Graphite India Limited (NSE: GRAPHITE, BSE: 509488) Unaudited Standalone First Quarter Results for FY2013 August 03,

More information

The Si process DRAWINGS. Thorsteinn Hannesson

The Si process DRAWINGS. Thorsteinn Hannesson The Si process DRAWINGS Thorsteinn Hannesson The Si process DRAWINGS Thorsteinn Hannesson Elkem Iceland May, 2016 All the drawings in this book can be used at will in papers, presentations and other non-commercial

More information

BIR GLOBAL FACTS & FIGURES FERROUS METALS WORLD STEEL RECYCLING IN FIGURES Steel Scrap a Raw Material for Steelmaking.

BIR GLOBAL FACTS & FIGURES FERROUS METALS WORLD STEEL RECYCLING IN FIGURES Steel Scrap a Raw Material for Steelmaking. BIR GLOBAL FACTS & FIGURES FERROUS METALS WORLD STEEL RECYCLING IN FIGURES 2011 2015 Steel Scrap a Raw Material for Steelmaking Ferrous Division Copyright BIR 2016. All rights reserved. 2 World Steel Recycling

More information

Hilkka K. Witt, voestalpine Tubulars GmbH & Co KG. Global Trends in 2011

Hilkka K. Witt, voestalpine Tubulars GmbH & Co KG. Global Trends in 2011 Hilkka K. Witt, voestalpine Tubulars GmbH & Co KG Global Trends in 2011 Table of Contents Overview voestalpine Tubulars General global trends Market outlook - Tubular Industry Recent US anti-dumping cases

More information

Energy applications offer growth potential for tin

Energy applications offer growth potential for tin Energy applications offer growth potential for tin Technical Session: Specialty minerals and metals for energy storage Tuesday 8 March 2016 Peter Kettle, Jeremy Pearce & Tom Mulqueen - ITRI Ltd Presentation

More information

Decision taken from September 2010 Four focus areas: megacities, informal sector, global recycling markets & international aid tools Members: Antonis

Decision taken from September 2010 Four focus areas: megacities, informal sector, global recycling markets & international aid tools Members: Antonis ISWA s Task Force on Globalization & Waste Management Decision taken from September 2010 Four focus areas: megacities, informal sector, global recycling markets & international aid tools Members: Antonis

More information

NICKEL A VALUE-IN-USE PERSPECTIVE. Barry Jackson, October 2015

NICKEL A VALUE-IN-USE PERSPECTIVE. Barry Jackson, October 2015 NICKEL A VALUE-IN-USE PERSPECTIVE Barry Jackson, October 21 1 CAUTIONARY STATEMENT Disclaimer: This presentation has been prepared by Anglo American plc ( Anglo American ) and comprises the written materials/slides

More information

WIND POWER TARGETS FOR EUROPE: 75,000 MW by 2010

WIND POWER TARGETS FOR EUROPE: 75,000 MW by 2010 About EWEA EWEA is the voice of the wind industry actively promoting the utilisation of wind power in Europe and worldwide. EWEA members from over 4 countries include 2 companies, organisations, and research

More information

Metal Bulletin Events 2 nd World DRI & Pellet Congress. Ritz-Carlton - Abu Dhabi. April 2014

Metal Bulletin Events 2 nd World DRI & Pellet Congress. Ritz-Carlton - Abu Dhabi. April 2014 Metal Bulletin Events 2 nd World DRI & Pellet Congress Ritz-Carlton - Abu Dhabi. April 2014 Metallics Compared Stuart G Horner Secretary General International Iron Metallics Association http://metallics.org.uk

More information

Reference Materials Overview of Coal Industry

Reference Materials Overview of Coal Industry Reference Materials Overview of Coal Industry 1 Table of Contents Global Energy Resource Reserves ---------------------------------------- 3 Status of Global Energy Resources Supply ----------------------------------------

More information

In 2013, global production

In 2013, global production 48 th Census of World Casting Production Steady Growth in Global Output Worldwide casting production continued to grow in 2013, up more than 3.4 million metric tons, an increase of 3.4% in comparison to

More information

New Generation of Manganese Producers. Dmitriy Nadtochiy, General Manager Commerce Asia Minerals Limited

New Generation of Manganese Producers. Dmitriy Nadtochiy, General Manager Commerce Asia Minerals Limited New Generation of Manganese Producers Dmitriy Nadtochiy, General Manager Commerce Asia Minerals Limited 11 November 2013 Target: To review manganese market evolution since 2000, changes of market environment.

More information

TAK Industrial Mineral Consultancy. The Outlook for Refractories as Markets for Bauxite and Alumina

TAK Industrial Mineral Consultancy. The Outlook for Refractories as Markets for Bauxite and Alumina Ted Dickson TAK Industrial Mineral Consultancy The Outlook for Refractories as Markets for Bauxite and Alumina Bauxite and Alumina in Refractories World Refractories production ~39 million T Calcined Bauxite

More information

Sales in third-quarter 2017 at 877 million, up by 23% compared with third-quarter 2016.

Sales in third-quarter 2017 at 877 million, up by 23% compared with third-quarter 2016. Paris, 24 October 2017, 8:30 am PRESS RELEASE ERAMET group: sales up in third-quarter 2017 Sales in third-quarter 2017 at 877 million, up by 23% compared with third-quarter 2016. Stability in manganese

More information

The VDKi estimates that global hard coal production last year (7.2bn tonnes) remained at the level of The most important factors:

The VDKi estimates that global hard coal production last year (7.2bn tonnes) remained at the level of The most important factors: Press Release No. 01/2015 Hard Coal Market 2014: Despite the energy turnaround, hard coal imports to Germany rise by more than 6%, although hard coal-fired power generation declines The German Coal Importer

More information

For personal use only

For personal use only OM HOLDINGS LIMITED (ARBN 081 028 337) No. of Pages Lodged: 25 21 November 2014 ASX Market Announcements ASX Limited 4 th Floor 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam OM HOLDINGS LIMITED PRESENTATION

More information

John Deere. Committed to Those Linked to the Land. Market Fundamentals. Deere & Company June/July 2014

John Deere. Committed to Those Linked to the Land. Market Fundamentals. Deere & Company June/July 2014 John Deere Committed to Those Linked to the Land Market Fundamentals Deere & Company June/July 2014 Safe Harbor Statement & Disclosures This presentation includes forward-looking comments subject to important

More information

FERRO ALLOY DESIGN, FERRO ALLOY SELECTION AND UTILISATION OPTIMIZATION WITH PARTICULAR FOCUS ON STAINLESS STEEL MATERIALS

FERRO ALLOY DESIGN, FERRO ALLOY SELECTION AND UTILISATION OPTIMIZATION WITH PARTICULAR FOCUS ON STAINLESS STEEL MATERIALS FERRO ALLOY DESIGN, FERRO ALLOY SELECTION AND UTILISATION OPTIMIZATION WITH PARTICULAR FOCUS ON STAINLESS STEEL MATERIALS C-J. Rick 1, M. Engholm 1 1 UVÅN HAGFORS TEKNOLOGI AB, Djursholmsvägen 30; 183

More information

Global Market Pulp Statistics

Global Market Pulp Statistics Global Market Pulp Statistics Bleached Kraft Pulp November Data 217 Global Statistics for Bleached Kraft Market Pulp The statistics in this file is based on EPIS (European Pulp Industry Sector) data, distributed

More information

MAKE IN INDIA & INDIAN STEEL INDUSTRY

MAKE IN INDIA & INDIAN STEEL INDUSTRY MAKE IN INDIA & INDIAN STEEL INDUSTRY Jayant Acharya Director(Commercial & Marketing) JSW STEEL,INDIA 18-11-2016 GLOBAL ECONOMY & INDIA 2.6 2.0-3.7 0.5 7.6 6.9 0.0 0.5 Global Economic growth continues

More information

Q NLMK GROUP TRADING UPDATE*

Q NLMK GROUP TRADING UPDATE* Media contact info: Sergey Babichenko +7 (916) 824 6743 babichenko_sy@nlmk.com IR contact info: Sergey Takhiev +7 (495) 504 0504 st@nlmk.com Press release 13 April 2018 Q1 2018 NLMK GROUP TRADING UPDATE*

More information

Application of manganese in aluminum alloy industry. Reporter: Hao Guan AMG Aluminum China LTd

Application of manganese in aluminum alloy industry. Reporter: Hao Guan AMG Aluminum China LTd Application of manganese in aluminum alloy industry Reporter: Hao Guan AMG Aluminum China LTd Summary Brief introduction of Al industry Methods of adding Manganese Market analysis Aluminum The most abundant

More information

Innovative Foundry Products. Ferroglobe Specific applications need custom made solutions. Typical applications. Automotive. Cast Pipe.

Innovative Foundry Products. Ferroglobe Specific applications need custom made solutions. Typical applications. Automotive. Cast Pipe. Typical applications Ferroglobe Specific applications need custom made solutions Created by the merging of the two industry leaders with complementary profiles Advancing Materials Innovation. Automotive

More information

5998/1/16 REV 1 FS/evt 1 DG G 3 C

5998/1/16 REV 1 FS/evt 1 DG G 3 C Council of the European Union Brussels, 18 February 2016 (OR. en) 5998/1/16 REV 1 IND 27 COMPET 46 COMER 9 NOTE From: To: Presidency Permanent Representatives Committee/Council Subject: Preparation of

More information

World steel outlook and challenges ahead. Steel Markets Asia Conference, 9 November 2017

World steel outlook and challenges ahead. Steel Markets Asia Conference, 9 November 2017 World steel outlook 2017-2018 and challenges ahead Steel Markets Asia Conference, 9 November 2017 Disclaimer text This document is protected by copyright. Distribution to third parties or reproduction

More information

TABLE OF CONTENTS 6 MEDIUM-TERM COAL MARKET REPORT 2016

TABLE OF CONTENTS 6 MEDIUM-TERM COAL MARKET REPORT 2016 TABLE OF CONTENTS Foreword... 3 Acknowledgements... 5 Executive Summary... 12 Is the glass half full or half empty?... 12 The world is splitting apart... 12 A relieved industry... 13 Coal is still a Chinese

More information

Megatrends» Political framework» Transportation sector» Other sectors» Outlook» CO 2 Regulation in Europe. Page 1

Megatrends» Political framework» Transportation sector» Other sectors» Outlook» CO 2 Regulation in Europe. Page 1 » Political framework» Transportation sector»»» Page 1 Electricity Industry Households Industry CO 2 in other sectors: Power generation In the EU, the emissions from public heat and power generation are

More information

Refractories Market Trends Alison Saxby. IM22 Vancouver 2 April 2014

Refractories Market Trends Alison Saxby. IM22 Vancouver 2 April 2014 Refractories Market Trends Alison Saxby IM22 Vancouver 2 April 2014 Disclaimer The statements in this presentation represent the considered views of Roskill Information Services Ltd. It includes certain

More information

POLYOLEFINS THE NEVER ENDING STORY

POLYOLEFINS THE NEVER ENDING STORY MARCH 2016 POLYOLEFINS THE NEVER ENDING STORY Martin Wiesweg Senior Director Polymers EMEA +49 211 97550707 Martin.Wiesweg@ihs.com Western Europe stays on a slow growth path World Economic Outlook / March

More information

How does the investment community view the manganese industry? IMnI Annual Conference 2010 June 2010

How does the investment community view the manganese industry? IMnI Annual Conference 2010 June 2010 How does the investment community view the manganese industry? IMnI Annual Conference 21 June 21 Jim Lennon / Duncan Hobbs +44 2 337 4271/ +44 2 337 4497 jim.lennon@macquarie.com / duncan.hobbs@macquarie.com

More information

Making steel more green: challenges and opportunities Workshop on green growth in shipbuilding Paris, 7-8 July 2011

Making steel more green: challenges and opportunities Workshop on green growth in shipbuilding Paris, 7-8 July 2011 Making steel more green: challenges and opportunities Workshop on green growth in shipbuilding Paris, 7-8 July 2011 Agenda 1. The importance of steel in economic development 2. The past and current efforts

More information

High Low

High Low Flat Rolled Products - Negotiated Domestic Basis Prices price/metric ton Denmark Sweden Finland Netherlands Austria Norway Hot Rolled Coil Hot Rolled Plate Cold Rolled Coil Hot Dipped Galvanised Coil Electro-Zinc

More information