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Hardware speed steel industry mergers and acquisitions by e55he swrzsnb

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Hardware speed steel industry mergers and acquisitions by
Article Posted: 08/12/2011
Article Views: 63
Articles Written: 2033
Word Count: 619
Article Votes: 0
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Hardware speed steel industry mergers and acquisitions

Business,Business News,Business Opportunities
It is learned that, statistics show that in 2009 annual output of 1,000 tons of total 11 enterprises, an increase of two over the previous year; steel output of more than 5 million tons of business 28, six more than last year. The top of Hebei Iron & Steel, Baosteel, Wuhan Iron and Steel, saddle and sand of the five groups of steel crude steel production of 165 million tons of aggregate, accounting for 29.1% of national output over the same period. But this is far below the world steel industry, the average level of concentration.

China's economy in 2010 is the "most complex" of the year. 2010 What are the major focus of industry will be new growth forecasts, which are difficult to predict the risk there? A trade representative of the listed company has to deliver what trend? The first quarter has ended, the opening of China's economy to overcome the negative gains and losses?

Tangshan Iron and Steel Co., Ltd. who has just come back securities research analyst told the author. As China's steel-producing provinces of Hebei Province, in recent years has been to increase the pace of eliminating backward production capacity. According to statistics, in 2009 Hebei Tangshan Iron and Steel on Steel, Handan Iron & Steel and Chengde three companies combined, a total of 354 construction projects compression, Yajian invest 21.4 billion yuan.

"The current group is more than 4,000 tons of production capacity, 10% of the state out of the scope of industrial policy, in the early phase-out can be completed before the end of the year." Hebei Iron and Steel Group Co., Ltd. Yi-Fang Wang, chairman and general manager, said. The group rejected the declaration of steel investment 2,000,000,000 yuan, annual output of 2 million tons of hot-rolled coil project. Instead, focus on funding and built a total investment of 19.3 billion yuan for a large number of industrial upgrading and structural adjustment.

Three measures to accelerate the domestic mergers and acquisitions

Since 2008, the international financial crisis, some countries have implemented trade protection, making China's processing and manufacturing suffered, while the steel industry is undoubtedly the hardest hit. Serious decline in steel exports, increase domestic steel stocks, steel production capacity excesses.

Issued last year, "the steel industry restructuring and revitalization plan" in the clear that asks for "the top five domestic steel enterprises Chan can account for the ratio to 45% Yi Shang".

December 9 of last year, the Ministry of Industry and publicity of the "iron and steel production and operation of existing access conditions and management practices" (Exposure Draft), for the iron and steel enterprises to set up six barriers to entry. "This is the first implementation of the access system for iron and steel production industry, eliminate backward production can do on the whole, the operational requirements." Xu Xiangchun that only the "2008 General Steel Company and over 1 million tons of crude steel production of" The one that nearly 2 / 3, about 300 more than the steel mills do not comply.

"The number of domestic steel fragmentation of backward production capacity accounted for a large proportion. Original hardware iron and steel industry is energy intensive, high emission industries, due to the existence of these backward production capacity, making resource utilization to be lower than that of some developed countries. "My IT director Xu Xiangchun steel mesh that the main way to resolve these contradictions is that mergers and acquisitions.

I am an expert from China Manufacturers, usually analyzes all kind of industries situation, such as dual monitor video card , graphics cards pci express.

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