subject: Private Steel, Hebei Iron And Steel Industry Warmed Up Again Slowed Down The Pace Of Enterprise [print this page] With the reorganization and integration of the dust has settled, Hebei Iron & Steel Group, Hebei Iron and Steel industry, as the other half of the private steel company merger and reorganization issues once again become the focus of concern.
One side is "existing iron and steel enterprise production and operation of access and management methods" this "sword of Damocles", one side is the industry's rebound after "lead an easy life," again is better than up. For example, Hebei private steel enterprises, it is necessary not to participate or to continue to promote mergers and reorganization, is a problem.
Private steel enterprises restructuring slowed down the pace of the re -
Recently, there are media reports of such an interesting thing.
Not long after opening, catch on the momentum of Hebei Iron and Steel Group Chairman Yi-Fang Wang at a banquet jokes: "If we want to mergers and steel prices, such as permanent foreign steel companies unique we are willing to absorb the incoming." Privately-run steel named Hebei Kei-Yong, vice president of foreign steel that the military was also present, but this "Hydrangea," meaning it does not seem to react.
"2008 our profit was 1.2 billion, in 2009 our profit is 1.4 billion, so we have this advantage, brand advantage and market advantages, these two advantages we have no intention to restructure it with others." Jun said that .
This is not only permanent foreign steel that has been operating quite well the idea of private steel enterprises. In fact, with the market in 2009 has been warmer and gradually warming up those cold spell in the industry under the impact of previously active "heating" of the private steel enterprises, in the days they were better off after the merger and reorganization of the internal demand for the slowdown again.
A small steel-studded city of Tangshan Iron and Steel, for example, the end of 2008 the industry downturn period, once formally established the two new Iron and Steel Group - one of the Qian'an area in northern city of Tangshan 27 private steel and mining companies jointly funded the formation of the Great Wall of Tangshan Iron and Steel Group Co., Ltd. (hereinafter referred to as the "Great Wall of steel"), one is south of Tangshan City Fengnan District 12 private steel enterprises to participate in the formation of the Bohai Sea in Tangshan Iron and Steel Group Co., Ltd. (hereinafter referred to as "Bohai Iron and Steel"). This is also China is now the largest private steel enterprises in a joint reorganization between.
However, the January 27, a Hebei Metallurgical Industry Association, told this reporter who, in addition to the Bohai Sea of steel merger and reorganization programs have been approved, the Great Wall of steel mergers and acquisitions, and there is no substantive progress.
"Now the Bohai Sea program of steel had already been granted, this privately-run steel prices by 12 integrated into the new steel prices, Guofeng Iron and Steel accounted for 51% stake in the other 11 accounted for 49%." The person said: "But the Great Wall of steel the program has not yet been granted, there is no substantial progress. "
In addition, that person also said that after 12 by the Handan Iron and Steel Company jointly run the new Muan Iron and Steel Group to form, although since the beginning of 2006 started a joint restructuring, but has also not been substantial progress, but hung up a sign only.
The new restructuring of the industry a strong boost to change
However, the State Council defined as "excess industries," the first all sides cries of "eliminating backward production capacity," the steel industry, mostly small and medium steel mills of private enterprises has been cut or even out of focus.
In fact, the private steel enterprises through mergers and acquisitions the effect of elimination of backward production capacity also can be described as immediate. In the Bohai Sea of steel, for example, "They have completed the registration, the registered capital of 1 billion, the new plant completed a 500 million tons of scale, elimination, replacement prior to 6.9 million tons of backward production capacity. At present the total size of the planning in the 1000 million metric tons, while steel prices before the 12 private capacity about 12 million tons. "aforementioned Hebei Metallurgical Industry Association, who said to this reporter.
In order to further promote the steel industry mergers and acquisitions, eliminate backward production capacity last year, December 9, Department of Public letter to the society published the "iron and steel enterprise production and management of existing access conditions and management practices" (hereinafter referred to as "access conditions" ) for its comments, a more enhanced administrative measures to promote restructuring.
It is learned that this "access" has been submitted to the State Council, the discussion is expected to be issued the near future.
Prior to "access conditions" draft provides: that do not meet the entry conditions of the enterprise, government shall not approve construction and renovation projects, issuance of emission permits, configure a new mine resources and land, issuance of production licenses, to provide credit support, issuing of iron ore imported qualification, not the supply of iron ore imported iron ore import enterprises.
In this regard, the industry that, according to common sense, the general draft the final version will not have changed significantly.
January 14, Hebei Province, deputy director of the Office of Public letter to Zhang Yu in an interview, also on this analysis, for the 2008 annual output of 1 million tons below the S & P steel companies and 50 million tons for the steel enterprises, The way the future may have only two kinds: either by other mergers; or out of iron and steel industry.
Clearly, as the "industry standard" of a formal appearance, Hebei Iron and Steel industry, the other "half" will be renewed situation.
