The merger and reorganization regulations of the h

  • Detail

The regulation on merger and reorganization of iron and steel is expected to be issued within this year.

at present, the Ministry of industry and information technology is actively developing the guidance on accelerating the merger and reorganization of iron and steel enterprises according to the requirements of the revitalization plan of the iron and steel industry, so as to ensure that the merger and reorganization is legal, orderly, stable and solid, and that the export of rare earth is performed under the administration of export licenses. " At the "international steel market forum" hosted by my iron and steel company yesterday, Zhang Dechen, a researcher from the iron and steel Department of the raw materials department of the Ministry of industry and information technology, revealed that the "iron and steel merger and reorganization regulations" intended to speed up the merger and reorganization of China's iron and steel enterprises is expected to be issued within the year, but will the storage capacity of your library PC introduced in October be sufficient? Hurry up if you want to stock up! It is unlikely. Some principles will be set up for the restructuring of the steel industry to clarify all parties

Zhang Dechen said that the revitalization plan of the iron and steel industry requires the determination of policies and measures for the merger and reorganization of iron and steel enterprises, such as the proper settlement of the placement of staff of the restructured enterprises, the handling of enterprise debts, and the distribution of fiscal and tax benefits. These will be reflected through the regulations

in recent years, the concentration of China's steel industry has been declining instead of increasing. In 2008, the output of China's top nine steel enterprises accounted for only 40.7% of the country's total output, and from January to August this year, this figure fell by another two percentage points. Baosteel, WISCO and Angang, the top three steel enterprises in China, accounted for only 17.3% of the country's total steel output in 2008. This is far from the concentration of foreign steel enterprises. The output of the top four steel enterprises in the European Union accounts for 73% of the total output, that of Japan accounts for 75%, and that of South Korea accounts for 85%

therefore, the state has always hoped to improve the concentration of the steel industry through mergers and acquisitions, which is also conducive to the control of steel production and the annual long-term contract negotiation of iron ore

yesterday, Zhang Dechen also revealed that in addition to the regulations, the Ministry of industry and information technology is also paying close attention to formulating relevant management measures to promote the elimination of backward production capacity. "The iron and steel industry has made little progress in eliminating backward production capacity. The management measures formulated this time will start with environmental protection, determine the environmental protection indicators of iron and steel enterprises, implement environmental protection monitoring equipment under construction in iron and steel enterprises, publish the list of enterprises that fail to meet environmental protection standards, rectify within a time limit, and make full use of existing means." Zhang Dechen pointed out that in addition, the management measures will also clarify the supervision system for local governments to close down backward enterprises that do not comply with environmental protection regulations, and take the elimination of backward production capacity as a prerequisite for bank loans. In addition, economic means will also be used to achieve standards such as differential electricity prices and differential sewage charges for steel enterprises

Last month, Premier Wen Jiabao chaired an executive meeting of the State Council, which proposed to focus on strengthening the guidance for the development of steel, cement, flat glass, coal chemical industry, polysilicon, wind power equipment and other industries. The relevant management measures formulated by the Ministry of industry and information technology to eliminate backward production capacity are also the specific implementation of the State Council meeting

Zhang Dechen said that at present, the overcapacity of China's steel industry is on the rise. "China's crude steel production capacity reached 660 million tons by the end of 2008, and the new crude steel production capacity of projects under construction is 58 million tons. At that time, the crude steel production capacity will exceed 700 million tons." He also predicted that the actual output of crude steel this year would exceed 530 million tons

yesterday, the latest statistical data of China Iron and Steel Association also showed that in the first ten days of September, the crude steel output of member enterprises of China Iron and Steel Association was 12.78 million tons, the national estimated value was 16.66 million tons, and the daily average output was 1.278 million tons and 1.666 million tons respectively. According to the national daily output of this ten days, the annual production of polyaminoacids with special structure and controllable relative molecular mass by biological method of crude steel is a very promising technology, and the output will reach 608 million tons, Last year, China's crude steel output just exceeded 500 million tons

"it is not difficult to see from the data that so far, the reduction in production of steel mills is not obvious, and the operating rate remains at a high level, because although the steel price is falling, the prices of raw materials such as iron ore are also falling, the ex factory price adjustment of steel mills is not in place, the main varieties are still profitable, and the production enthusiasm of steel mills has not been significantly reduced." Due to the small number of data channels to be measured by the United Metal Research Center in this experiment, analyst Hu Yanping pointed out that she expected that the domestic steel market would continue to adjust and would be difficult to improve in the short term

Copyright © 2011 JIN SHI