ANDRITZ METALS Capital Market Day 2010, Austria

Transcription

1 ANDRITZ METALS Capital Market Day 2010, Austria

2 Contents Business profile and historic development of the business area Growth strategy Market Stainless steel strip processing line for JSL Limited, India 2 ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

3 Business profile Stainless steel: Cold rolling mills for heavy and light reduction and surface finishing. Annealing, pickling, and finishing lines. Acid recovery plants and NO X treatment. Reheating furnaces for slabs, bars, and plates. Carbon steel: Reversing cold rolling mills and skin pass mills. Annealing and pickling lines. Acid regeneration plants. Galvanizing lines (electrolytic, hot dip) and color coating lines. Leveler and cutting lines for thick gauges. Stamping machines. Reheating furnaces for ingots, slabs, and bars. Heat treatment facilities (wheels, tubes, plates, generator shafts). Non-ferrous metals: Rolling mills for copper, bronze, and titanium. Pickling lines. Melting furnaces for copper refining. Leveling and color coating lines. Oxide production (Ni, Co, Mg). Stamping machines (electronic parts). 3 ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

4 Long-term order intake development Strong negative impact from global economic crisis Order intake 2000-H (MEUR) Order intake 2009 by region (%) H ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

5 Long-term sales and earnings development Sales growth mainly achieved through organic expansion CAGR Sales : 12% H Sales (MEUR) EBITA margin (%) ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

6 Development in face of the crisis Only selective project activity in emerging markets Q Q Q Q Q Q Q Q Q Q Order intake (MEUR) 6 ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

7 Major strategic achievements during last three years ANDRITZ technology for inline rolling of hot rolled stainless steel strip confirmed as best solution in the market. Development and market introduction of servo press for metal stamping. Expansion of roll grinder portfolio. First order for heavy plate levelling machine with cassette technology. Set up of experienced engineering team for large heat treatment furnaces. Successful erection and commissioning of largest heat treatment facility for high speed railway wheels. Establishing Pyromars (mixed acid recovery) as the only accepted solution for stainless steel companies. 7 ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

8 Important references Jindal Stainless Steel, India Scope of supply: Annealing and pickling line with integrated reduction rolling mill for hot rolled stainless steel strip. Strip dimension: 850 mm-1,650 mm Capacity: 850,000 t/a Grades: AISI series 200, 300, 400 Start-up: 2011 Scope of supply : Annealing and pickling line with three integrated rolling mills and one skinpass mill for cold rolled stainless steel strip. Strip dimension: 850 mm-1,600 mm Capacity: 450,000 t/a Grades: AISI series 200, 300, 400 Start-up: ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

9 Important references NTMK, Russia + ThyssenKrupp, Germany Customer: NTMK, Russia. Scope of supply: Continuous heat treatment line with automated quench and temper system for railway wheels. Capacity: 100 wheels/h Start-ups: 2008/2010 Customer: ThyssenKrupp, Germany. Scope of supply : Hot levelling line for plates. Dimension: > Width: 700-3,800 mm > Thickness: 3-60 mm Capacity: 144,000 t/a Start-up: 08/ ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

10 Major orders 2009/2010 Bahru Stainless Steel, Malaysia: Hot/cold rolled and cold rolled annealing and pickling lines for stainless steel strip. Lianzhong Stainless, China: Push pull pickling line for hot rolled stainless steel strip. Tianjin TISCO, China: Annealing and pickling line for cold rolled stainless steel strip. Fuxin, China: Annealing and pickling line for hot rolled stainless steel strip. Zhangjiagang Pohang Stainless Steel, China: Annealing and pickling line for cold rolled stainless steel strip. Benxi Iron & Steel, China: Electrolytic galvanizing line for carbon steel strip. Tongling Nonferrous Metals Group, China: 20-high rolling mill for copper strip. Bonatrans, Czech Republic: Heat treatment facility with quenching and tempering system for railway wheels. Aurubis, Germany: Melting furnace for precious metals. Usiminas Cubatao, Brazil: Continuous pickling line for hot rolled carbon steel strip. 10 ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

11 Research & development Main focus on process improvement Zinc recovery from galvanized steel. CVD-process for coating steel strip with Aluminium. Mechanical descaling and degreasing with high pressurized water. In-line rolling process. Continuous heat treatment of iron/silicon strip. Grinding machines for large rolls (> 900 mm Ø). Elliptic furnaces for copper melting. Bright annealing lines for stainless steel strip with very high through-put. Process automation (level 2 MMS). Zinc recovery from scrap of the automotive industry 11 ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

12 Contents Business profile and historic development of the business area Growth strategy Market Pickling line with acid regeneration for carbon steel, Usiminas, Brazil 12 ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

13 Growth strategy Organic expansion and acquisitions Increase market share in carbon steel and non-ferrous production lines and defend position in stainless steel. Focus on technological leadership, customer satisfaction, and cost competitiveness. Strengthen global sales and order execution team (design and automation). Speed up R&D projects and bring new promising products faster to market. Grow globally in service business via localization. Evaluate M&A opportunities to enlarge product range, e.g. heat treatment, surface treatment technologies, slitting and cutting lines, measuring devices. 13 ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

14 Contents Business profile and historic development of the business area Growth strategy Market Car bottom forging furnace for Saarschmiede, Germany 14 ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

15 Expectations for next 12 months and main market drivers Asia, Brazil, and Russia as main markets Expectations for next twelve months Main markets in Asia, Brazil, and Russia. Low project activity in Europe and USA to continue. Complementary investments to maximize efficiency of existing plants. Revamping of outdated equipment. Main market drivers GDP growth in emerging markets (especially Brazil, Russia, China, India, and other Asian countries) will drive investments in infrastructure, housing, energy production, basic supplies, and automotive industries. Increasing shift of metals manufacturing capacities to Asia. Replacement of outdated equipment to comply with growing environmental regulations, to increase efficiency and to meet safety requirements. Revamping of older equipment for strip processing to meet increasing quality requirements for different industries (e.g. high-strength steel for the automotive industry). Restructuring of steel industry, especially in Europe and USA. Technology change for car engines (electrical motors) will push production capacities for electrical steel and batteries. 15 ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria

16 Disclaimer Certain statements contained in this presentation constitute forward-looking statements. These statements, which contain the words believe, intend, expect and words of similar meaning, reflect management s beliefs and expectations and are subject to risks and uncertainties that may cause actual results to differ materially. As a result, readers are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to publicly announce the result of any revisions to the forward-looking statements made herein, except where it would be required to do so under applicable law. According to IFRS. 16 ANDRITZ METALS Franz Hofmann Capital Market Day 2010, Austria