Most popular in the future, half of the steel ente

2022-07-24
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In the future, half of the steel enterprises will be merged or the number of super large steel groups will be changed. In the future, half of the steel enterprises will be merged or the number of super large steel groups will be changed. Recently, luotiejun, deputy director of the raw materials department of the Ministry of industry and information technology, said

it is reported that the goal of the action plan is to reduce China's 80million tons of steel production capacity after three years of efforts to alleviate the contradiction of overcapacity; Establish 2-3 intelligent demonstration plants to improve the integration level of industrialization and industrialization in the industry. More importantly, promote mergers and acquisitions, and control the number of iron and steel enterprises to about 300. This means that there will be a large-scale merger and reorganization tide in China's steel industry in the next few years

several super large iron and steel groups in the future or at present

according to the statistical data of China Iron and Steel Association, China's crude steel production capacity in 2014 was about 1.14 billion tons, while China's current number of steel enterprises is about 500, including 400 private steel enterprises. Among more than 400 private steel enterprises, the production capacity is 8 Displacement measurement accuracy of the test bench: the error is less than ± 0.5% of the indicated value There are 7 enterprises with a capacity of more than 10million tons, while there are more than 200 enterprises with a capacity of less than 1million tons. The most difficult to survive in the future is these small steel enterprises with a capacity of less than 1million tons. In this regard, some analysts in the industry pointed out: "these small steel enterprises have weak comprehensive strength, are difficult to transform or upgrade, and it is difficult to pass the compliance review. In addition, due to the small scale of assets and insufficient financial strength, these steel enterprises will be out in the next few years."

up to now, there has been no specific news about the merger and reorganization of China's steel enterprises. However, it has been reported in the market that it is the legal obligation of the investors; The investor shall report the amount of investment every year. There is a rumor that a large number of graphene related enterprise steels may be merged in WISCO and Baosteel. It is understood that WISCO's advantageous product lies in silicon steel. The company was the first to establish a silicon steel production line in China. At present, its silicon steel product market share is high, and it once "saved" WISCO in the period of the steel industry recession and WISCO's poor performance. At that time, its silicon steel business accounted for more than 40% of the company's total revenue, and Baosteel also had some silicon steel production capacity. It is speculated that after the merger of the two steel giants, their silicon steel business will occupy a large market share, and can also eliminate competition in other overlapping plate businesses, which is conducive to price rise

for the news of the merger of the two companies at that time, some analysts said that the rumor had no much basis because the silicon steel business of Baosteel and WISCO overlapped, but it was unlikely to form the basis for the merger. Large steel enterprises generally produce plates, and the merger has little impact on business complementarity

sure enough, Baosteel and WISCO issued a Clarification Announcement on the evening of March 23 in response to the merger rumors. Baosteel's announcement shows that the company has checked the said merger. The verification results show that neither the controlling shareholder of Baosteel nor the company has received any written or oral information from any government department about the above merger rumors, and neither has expressed such intention to any department. At the same time, Wuhan Iron and Steel Co., Ltd. issued a clarification announcement that was almost identical with Baosteel Co., Ltd

on March 20 this year, The Ministry of industry and information technology also solicited public opinions on the steel industry adjustment policy (revised in 2015) (Draft for comments) (hereinafter referred to as the "steel industry adjustment policy"), and proposed that by 2017, the scale of steel production capacity will be basically reasonable, the capacity utilization rate will reach more than 80%, and the industry profit rate and return on assets will rise to a reasonable level.

in the steel industry adjustment policy It has clearly put forward the idea of three to five super large iron and steel enterprise groups. Therefore, some analysts speculate that the merger and acquisition of China's iron and steel industry may be to form one or two large steel plants in the north and south, and finally achieve the goal of three to five. However, the analyst also said: "if you want to achieve substantive restructuring, it involves many problems such as management, which can not be easily solved by simple merger. For example, the former Hebei Iron and Steel Group and Shandong Iron and steel group still have many problems after the merger."

two of the 16 steel enterprises that issued annual reports suffered losses

compared with the possible merger and reorganization in the future, the problem that steel enterprises need to face is the continuous decline of steel prices

it is reported that the annual average sales settlement prices of steel products of member steel enterprises of Sinosteel association from 2011 to 2014 were 4468 yuan/ton, 3750 yuan/ton, 3442 yuan/ton and 3074 yuan/ton respectively, showing a downward trend

however, it is worth noting that according to the statistics of Dongfang fortune choice, at present, 16 of the 33 listed companies in China's iron and steel industry have issued their 2014 annual reports, only two of them have suffered losses, and the remaining 14 have achieved profits

from the perspective of listed companies that have issued annual reports, Baosteel Co., Ltd. temporarily ranks first in terms of net profit. Last year, Baosteel achieved an operating income of 187.414 billion yuan, a net profit attributable to shareholders of listed companies of 5.792 billion yuan, and a sales of 21.817 million tons of commodity billets, down 1.2%, 0.45% and 0.8% respectively year-on-year. However, the company's cash flow and asset liability ratio have both improved

in addition, Chongqing Iron and Steel Co., Ltd. and Jiuquan Iron and Steel Co., Ltd. Hongxing, the major loss makers in the iron and steel industry in 2013, have also released the 2014 annual report. According to the annual report, Chongqing Iron and steel achieved a net profit of 51.431 million yuan last year, an increase of 102.06% over the loss of 2.499 billion yuan in 2013; In terms of Jiuquan Iron and steel Hongxing, the company achieved a net profit of 39.1337 million yuan last year, a substantial increase compared with the loss of 2.338 billion yuan in 2013

Chongqing Iron and Steel said that it was mainly because the company took a number of measures such as reducing consumption and cost, adjusting product structure and selling non core assets, plus the company's efforts to obtain relocation incentives and other income, which achieved the full year loss reduction goal in 2014. Meanwhile, Jiuquan Iron and steel Hongxing also said that it would turn around its losses by improving its operating capacity, reducing controllable costs, increasing economic ingredients, refining cost management, and optimizing product structure and market layout

among the steel enterprises that have issued annual reports, Linggang and Bayi Iron and steel have suffered losses. Linggang lost 713million yuan and Bayi Iron & Steel lost 2.035 billion yuan

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