The hottest steel industry in 2010 faces the openi

2022-10-20
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The iron and steel industry is facing a new round of integration in the double examination 2010

the iron and steel industry is facing a new round of integration in the double examination 2010

China Construction machinery information

Guide: for the domestic iron and steel industry, 2010 will face the double test of the gradual withdrawal of economic stimulus policies and the trend of industry merger and integration. Relevant experts believe that the fixture uses a bending center with a specified diameter to keep the bending center aligned with the base. Large scale fixed asset investment, as a short-term stimulus to deal with the crisis, does not have a long-term nature. Once the growth rate of fixed investment declines, I

for the domestic steel industry, 2010 will face the double test of the gradual withdrawal of economic stimulus policies and the general trend of industry merger and integration

relevant experts believe that large-scale fixed asset investment, as a short-term stimulus to deal with the crisis, does not have a long-term nature. Once the growth rate of fixed investment declines, pp/epdm is the optional material for door panel T10、PP/EPDM. T15, pp/epdm-t20, the contradiction of overcapacity in China's iron and steel industry will be very obvious. At the same time, the era of low profit in the iron and steel industry has come. In the face of the industry average profit of 2.3% last year, the iron and steel industry is facing the strategic transformation period required by the performance test method of ordinary concrete mixture gb/t50080 (2) 002

last year, domestic steel enterprises took steps in cooperation and Restructuring: Baosteel restructured Ningbo Steel, Shougang restructured Changzhi Steel and Guiyang special steel; Hebei Iron and steel and Shandong Iron and steel have deepened the system reform. The five enterprises with the largest crude steel output in China produced 165 million tons of crude steel last year, accounting for 29.06% of the total crude steel in that year, an increase of 2.73% over the previous year

however, the integration work is far from meeting expectations. "For the progress of industry integration, it seems that some achievements have been made, but the overall pace is not large, which is far from expectations." Luobingsheng, executive vice president of CISA, told this newspaper that the fundamental reason for the unexpected difficulties encountered in the integration was the system. "At present, governments at all levels can become managers and investors of enterprises, and the grassroots level is at the township level, which makes the promotion of restructuring difficult. We believe that unified planning should be implemented to promote nationwide and break the limitations of focusing on regions."

in industry integration, eliminating backwardness is an important link. In December last year, the Ministry of industry and information technology issued the entry threshold of the steel industry in the form of opinions, limiting industry standards in the form of capacity limits. Subsequently, Miao Wei, Vice Minister of the Ministry of industry and information technology, revealed that the "guiding opinions on mergers and acquisitions in the steel industry" had basically taken shape. Just a few days ago, a document clarifying the elimination task of overcapacity industries in 2010 has also been issued to some industry associations. The relevant departments have spared no effort in formulating the goal of eliminating backward enterprises

however, a senior person in the iron and steel industry also said that in order to effectively eliminate the backward, in addition to dealing with the interests of all levels in the local area, measures higher than the market efficiency must be taken to achieve the goal, otherwise it will be a dead letter. He also said that eliminating backwardness is a step-by-step process, and the balancing work needs to be carefully grasped. "If 40 million tons of steel production capacity is forcibly closed tomorrow, the steel market will immediately fall into chaos."

at present, the tide of steel industry integration in 2010 will be more turbulent. However, how to really promote and implement the integration smoothly will test the wisdom of relevant departments and enterprises

a new round of integration of the steel industry was unveiled

at the beginning of the year of the tiger, under the frequent actions of several major industry giants, a new round of integration of the steel industry was slowly unveiled

a substantial step was taken in the reorganization of Shandong Iron and Steel Group

yesterday, a substantial step was taken in the reorganization of Shandong Iron and Steel Group, which has made slow progress. After the suspension of trading for more than three months, Jinan Iron and Steel Co., Ltd. and Laiwu Iron and Steel Co., Ltd. issued a major asset restructuring plan. The restructuring plan includes two parts: first, Jinan Iron and steel absorbed and merged Laigang shares by means of share exchange; Second, Jinan Iron and steel issued shares to Jigang Group and Laigang Group to purchase the existing main business assets with an estimated value of 8.585 billion yuan and the cash of 3 billion yuan of Jigang Group. With the completion of the transaction, Laiwu Iron and Steel Co., Ltd. will cancel its legal personality, and all its assets, liabilities, equity, business and personnel will be incorporated into Jinan Iron and Steel Co., Ltd. Jinan Iron and Steel Co., Ltd. will become the only main steel industry listing platform under Shandong Iron and steel group, and its name will be changed

according to the latest data released by Shandong Iron and Steel Group, in 2009, the group's total steel output reached 21.72 million tons, achieving an operating revenue of 91.7 billion yuan and a total profit of 4.197 billion yuan. If Rizhao Iron and steel is added, Shangang group will jump to the third place, second only to Hebei Iron and Steel Group and Baosteel Group. The ranking of steel industry will be rewritten again

Baosteel Shagang reached a strategic cooperation intention

almost at the same time, Baosteel Group, another two domestic steel giants, and Shagang Group also signed a letter of intent for strategic cooperation in Beijing, saying that they would carry out comprehensive strategic cooperation in technology, products, markets, resources and other aspects. This is considered a "landmark cooperation"

On February 24, Baosteel Group announced that it had signed an intention agreement on strategic collaboration with Jiangsu Shagang Group, which would carry out extensive "strategic collaboration" in technology and management, products and markets, resources and logistics

according to the cooperation agreement, Baosteel will export technology and management to shagang to enhance the market competitiveness of both sides; Baosteel learns from Shagang's unique competitive advantages in the market to achieve win-win cooperation. Baosteel said that this strategic cooperation is conducive to jointly building the overall competitiveness of Chinese steel enterprises and improving the ability of the entire industry to cope with challenges. Xu Lejiang, chairman of Baosteel Group, announced that "the future practical results will prove that the strategic cooperation between the two sides is correct and explore a new cooperation mode and development path for Chinese steel enterprises"

data show that in 2009, the output of Baosteel Group was 44.57 million tons, and that of Shagang was 26.4 million tons. As the largest state-owned iron and steel enterprise and the largest private iron and steel enterprise in China, the two giants formally joined hands with "strategic cooperation" as the starting point, and the industry giant ship they tried to build is faintly visible. The significance of cooperation between Baosteel and Shagang is interpreted by the industry as "we can look at the small, but we should look at the large"

"from a small perspective, the direct benefit of the cooperation between Baosteel and Shagang is that the product lines can complement each other." Xuxiangchun, the information director of "my steel", said that Shagang's technological development ability is weaker than that of Baosteel, which has accumulated a lot of advantages in high-end automotive panels, household appliance panels, electrical steel and other aspects. Through cooperation, Baosteel can help Shagang optimize and improve its product line. As the largest private steel enterprise, Shagang has flexibility and its own unique concept in grasping the market, which can also provide learning and reference for Baosteel. Through the two-way cooperation between products and markets, the two steel enterprises will undoubtedly enhance their overall strength with the help of synergy

in addition, although the cooperation intention signed this time is "comparative principle", the industry also believes that this foreshadows the deeper cooperation that may be carried out in the future, including at the level of capital operation

if we look at this cooperation from the big picture, under the current situation that the steel industry as a whole is in a state of low profits and structural adjustment is imperative, the cooperation between Baosteel and Shagang will represent the general trend of steel enterprise integration this year, and may also create a new example of cooperation in the "going out" strategy of the steel industry

"there was cooperation between steel enterprises before, but it was mostly limited to empty words, because the situation was not urgent at that time. But now it has changed. Just this year and next, China's steel consumption will enter a historical stage of high consumption and low growth. At that time, enterprises will no longer be able to develop by seeking new factories and expanding production capacity, but can only accelerate integration and 'going out' to enhance their overall competitiveness." Ma Zhongpu, chief analyst of United Steel, told this newspaper that once the investment growth rate is corrected next year, domestic steel consumption will enter a saturated state, and the development of the industry will also enter a bottleneck period. In the case of overcapacity, the iron and steel enterprises that can no longer achieve development by expanding production will undergo major changes in strategy. Structural adjustment and mode transformation are the necessity of the sustainable development of the industry

in the transformation of development mode, the only way for the steel industry in the future is from fighting in the domestic market to finally "going out". The implementation of this strategy can not be achieved by the power of only one enterprise, but requires more and more steel enterprises to participate in it

"the reason why we are often controlled by others in iron ore negotiations is that we have no say in the supply of raw materials. Not only that, our shipping market is also controlled. If we want to build our own maritime transportation chain, we must add the influence of the weather. However, many enterprises need to participate in it together. In addition, there are mining resources and building steel mills abroad, which can not meet the demand alone." Mazhongpu believes that the success of Baosteel and Shagang's cooperation in this area in the future depends on the continuous strategic adjustment of both sides. Once successful, it may provide a cooperation model for the future strategic adjustment of the industry. He stressed that all steel mills should have the awareness of "strategic synergy"

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