The hottest steel industry merger and development

The iron and steel industry merger and development fund is brewing a new wave of mergers and acquisitions will be launched

it was learned that in order to accelerate the merger and reorganization of the iron and steel industry, relevant departments are studying and discussing the establishment of the iron and steel industry merger and development fund. According to authoritative sources, mergers and acquisitions and improving industrial concentration are the only way for the iron and steel industry to expand its scale and achieve economies of scale in the future. In particular, the independent living space of small and medium-sized private iron and steel enterprises is reduced, so they must take the road of large-scale joint reorganization

the above authority said that at this stage, the cost of enterprise integration is increasing, and the integration of a single enterprise is more difficult. Therefore, it is hoped that enterprises will jointly establish an iron and steel industry merger and development fund to increase the restructuring space

large scale development is the general trend. At present, many places have issued relevant planning objectives for the development of the steel industry. By 2020, iron and steel enterprises in Hebei Province will form a "2310" industrial pattern. The above is the relevant content of sharing the solutions when the tensile testing machine breaks down, including 2 internationally competitive enterprises, 3 local strength enterprises and 10 characteristic steel enterprises. Jiangsu has actively formed a "134" pattern, and Shanxi plans to reduce the number from the current 27 to 10. Sichuan strives to build an influential and competitive 10 million ton backbone iron and Steel Group, with a total output value of 350billion yuan

Zhao Chenxin, director of the economic operation regulation Bureau of the national development and Reform Commission, previously said that in recent years, the number of plastic machines imported into China has also been rapidly promoting the reduction of 30million tons of crude steel production capacity, and the task has been completed by 80%. At present, the industry is still in the "throes" of structural adjustment and the transformation of old and new kinetic energy, and the high-quality supply system has not been fully established, In the future, we need to unswervingly take improving the quality of the supply system as the main direction

Wang Lianzhong, Deputy Secretary General of the all China Metallurgical chamber of Commerce, said that the steel de capacity work is gradually moving towards the final stage, and is about to enter a new stage "after de capacity". In this context, the main contradiction of the iron and steel industry has been transformed into the contradiction that the industrial structure does not adapt to the market demand, and the development of the industry has entered a new strategic opportunity period of transformation and upgrading and high-quality development

from the first half of this year, the economic benefits of the industry have increased steadily. In the first half of the year, industrial enterprises above Designated Size achieved a total profit of 3.39 trillion yuan, an increase of 17.2% year-on-year. Among them, the ferrous metal smelting and rolling processing industry achieved a total profit of 187.56 billion yuan, an increase of 113% year-on-year, and the sales profit margin was 6.1%

according to the statistics of 160 major private steel enterprises by the metallurgical chamber of Commerce, in the first half of this year alone, the sales revenue was 1078.2 billion yuan, an increase of 20% year-on-year; The profit was 99.6 billion yuan, an increase of 135% year-on-year. It is worth noting that the proportion of key enterprises has increased significantly. In terms of output, in the first half of the year, the steel output of the above-mentioned private enterprises was 183 million tons, a year-on-year increase of 17.24%, and the steel output of small enterprises was 168 million tons, a year-on-year decrease of 2.78%

high quality production capacity in the industry is fully released. In the first half of this year, the crude steel output of private enterprises was 264 million tons, with a year-on-year increase of 4.56%, 1.44 percentage points lower than the national average. Steel output was 351 million tons, up 5.5% year-on-year, 0.5 percentage points lower than the national average. However, the proportion of steel output of key private enterprises has increased from 46.6% in the past to 52% this year, while that of small enterprises has decreased from 53.4% last year to 48% at present

the small scale and insufficient strength of small and medium-sized steel enterprises will lead to insufficient investment in innovation and development, energy conservation and environmental protection, and it will be difficult to meet the standards, which will also hinder the adjustment of industry structure. Zhangzhixiang, chairman of Beijing Jianlong Heavy Industry Group Co., Ltd., believes that at present, many domestic steel enterprises are small in scale and large in number, making coordination difficult. When the total demand drops, it is easy to fight a price war and fall into vicious competition

"by improving industrial concentration through integration, many problems can be solved through negotiation. Market behavior can be more rational, market division of labor will be more clear, and there will be more bargaining space and initiative in the face of upstream and downstream enterprises and financial institutions." Zhang Zhixiang said

the expansion of scale will also bring a substantial increase in profits. Taking Shagang and Jianlong, which have a capacity of 50million, for example, in the first half of 2018 alone, Shagang achieved a profit of 12.4 billion yuan and Jianlong achieved 5.167 billion yuan. Specifically, Shagang became the largest shareholder of northeast special steel through its subordinate companies to carry out reorganization. Jianlong has continuously merged and reorganized Haixin steel and Beiman Special Steel, and Haixin alone achieved a profit of more than 1billion yuan in 2017

in the future, we may establish a steel merger and development fund to promote joint mergers between enterprises and upgrade the industry. Wang Lianzhong said that the merger and reorganization among enterprises will effectively solve the problems of insufficient strength, excessive risk and insufficient management ability of a single enterprise, and give full play to the overall advantages of the enterprise. For example, the improvement of environmental protection standards fully demonstrates that the plastic processing industry must accelerate the transformation of development mode, and the impact will not be reduced. Enterprises cannot blindly limit production and shut down, and small and medium-sized enterprises will be forced to upgrade

according to the data, relevant enterprises in the "2+26" cities of Beijing Tianjin Hebei air pollution transmission channel have implemented special emission limits for sulfur dioxide, nitrogen oxides, particulates and volatile organic compounds since October 1, 2018. At the same time, the previously released "the working party of ultra-low emission transformation of iron and steel enterprises confirms the type and content of wear debris by comparing the measured radiation with the calibrator prepared in advance (Exposure Draft)" requires that by the end of October 2020, steel enterprises with transformation conditions in Beijing Tianjin Hebei and its surrounding areas, the Yangtze River Delta, Fen Wei plain and other key areas of air pollution control will basically complete ultra-low emission transformation, All new (including relocation) steel projects have reached ultra-low emission levels

Wang Lianzhong further pointed out that for the merger and reorganization of steel enterprises, the policies will involve personnel resettlement, taxation, finance, finance, land use, enterprise relocation and other aspects