The storm of merger and reorganization in China's steel industry is about to begin. Baosteel, Anshan Iron and Steel, Wuhan Iron and Steel, and Hebei Steel will become the main force of mergers and reorganizations.
Yesterday, relevant persons who participated in the symposium on mergers, reorganizations, and access conditions of steel enterprises of the Ministry of Industry and Information Technology said in an interview that the draft of a concrete guidance plan for the merger, reorganization, and entry conditions of iron and steel enterprises in the steel industry has already taken shape, and industry opinions are being solicited. All parties hope that they will be introduced as soon as possible.
Li Xinchuang, executive vice president of the Institute of Metallurgical Industry Planning and Research, told reporters that the hospital is participating in the development of the “Improvement Conditions for the Iron and Steel Industry” and “Guiding Opinions on Promoting the Merger and Reorganization of Iron and Steel Enterprises”, but there are some aspects between the enterprise and the government’s competent authorities. There are different opinions and the opinions of all parties are still being sought. However, some analysts believe that because local governments will seek to protect their own interests, this greatly increases the difficulty of cross-regional mergers and acquisitions of large companies.
Eliminating blast furnaces of 400 cubic meters or less According to the reporter's understanding, the "Entry Conditions for the Steel Industry" will stipulate standards and indicators for product quality, environmental protection, energy consumption and comprehensive utilization of resources, production scale, etc. to regulate the entry of iron and steel enterprises, and Based on this, the list of companies that meet the standards will be announced.
Experts believe that the establishment of access conditions is to eliminate backward production capacity. It can be clearly known that in the future 400 cubic meters or less of blast furnaces, 30 tons or less of converters and electric furnaces will be eliminated (72 million tons of outdated ironmaking capacity will be eliminated, and steelmaking Capacity 25 million tons).
Earlier, China's "Policy for the Development of the Iron and Steel Industry" also pointed out that by 2010, 300 cubic meters or less of blast furnaces, 20 tons or less of converters and electric furnaces will be eliminated (100 million tons of outdated ironmaking capacity will be eliminated, and steelmaking capacity will be 55 million tons. ).
In addition, energy conservation and emission reduction may also be an important indicator. The access conditions may indicate that the comprehensive energy consumption of key large and medium-sized enterprises per ton of steel does not exceed 0.62 tons of standard coal, the consumption of new water per ton of steel is less than 5 tons, the emission of tons of steel smoke is less than 1.0 kg, and the carbon dioxide emissions per ton of steel The amount is less than 1.8 kg, the secondary energy basically achieves 100% recycling, and the metallurgical slag is used by nearly 100%. The pollutant emission concentration and total discharge amount are up to the standard.
At this meeting, some experts pointed out that the elimination of outdated production capacity mainly depends on market measures. The scale of relevant equipment is matched by the enterprises themselves and can be classified as guiding opinions and not mandatory requirements.
It is reported that the current outdated production capacity that needs to be eliminated is mainly concentrated in small and medium-sized enterprises, and the construction or expansion of most of the small and medium-sized enterprises' production capacity only needs the approval of the local government.
In this regard, some analysts believe that in the future if you do not promptly introduce and strictly implement the relevant rules of the backward production capacity exit mechanism, then raise the criteria for eliminating backward production capacity may continue to increase the difficulty of controlling the total capacity. Due to the existence of drivers of local interest protection, new production capacity or capacity expansion is easier to approve, so that most of the medium-sized companies will be able to replace backward production capacity through new capacity before eliminating backward production capacity, and the new production capacity will be greater than the eliminated capacity. With backward production capacity, small-scale enterprises can avoid the need to be eliminated by appropriate expansion and expansion of existing production capacity within the phase-out range.
The top five steel production capacity should account for 45% of the country
The “Guidelines for Promoting the Merger and Reorganization of Iron and Steel Enterprises” was presented at the meeting. It clearly stated that through mergers and reorganizations, it will focus on cultivating 3 to 5 companies with strong international competitiveness and actively promote 6 to 7 iron and steel enterprise groups with strong capabilities in the country. Implement a strategic merger and reorganization within the scope. Seven companies including Baosteel, Angang, Wuhan Iron and Steel, Hebei Iron and Steel, Shandong Iron and Steel, Shagang, and Bohai Iron and Steel participated in the meeting.
According to the above experts, the country hopes to adopt mergers and reorganizations within the industry and strive to form over 50 million tons of extra-large iron and steel enterprises with strong international competitiveness, such as Baosteel Group, Anbu Group, and Wuhan Iron & Steel Group; In the 10 million to 30 million tons of large-scale steel companies.
The goal of mergers and reorganizations is to hope that the ratio of the top five steel producers in China to the national production capacity will exceed 45%, and that of the coastal iron and steel enterprises in China will reach 40%.
Last year, the degree of concentration of China's steel industry has increased significantly. Shagang has reorganized Jiangsu Yonggang; Baosteel has reorganized Guanggang and Shaogang; Wuhan Iron and Steel has reorganized Liuzhou Steel; Jinan Steel and Laiwu Steel have established Shandong Iron and Steel Group; Tangshan Iron and Steel The establishment of Hebei Iron and Steel Group and other industries to form integration, but the top ten steel companies account for about 44.13% of the country's steel production, far below the EU, the United States, Japan, South Korea.
Cross-regional mergers and acquisitions of large companies increase the difficulty Although the pace of mergers and acquisitions of China's steel companies may accelerate this year, but some experts believe that due to the merger and reorganization of the region is also accelerating the trend, which led to increased resistance of large enterprises across regions mergers and reorganization. On the other hand, mergers and acquisitions are currently only at the scale of scale expansion, and the effectiveness of mergers and reorganizations is still relatively low.
The above analysts believe that due to the large proportion of state-owned or state-controlled enterprises in large and medium-sized steel companies in China, this determines that the government is the dominant player in mergers and acquisitions of iron and steel companies, and that steel enterprises account for the proportion of local government fiscal revenue. As a result, the local government's enthusiasm for supporting large-scale local iron and steel companies to outgrow their own interests is greater than the enthusiasm of regional mergers and reorganizations. It has also become a large-scale state-owned enterprise such as Baosteel, Anshan Iron and Steel and Wuhan Iron and Steel Corporation. One of the reasons why mergers and reorganizations were slow and turned to invest in new capacity projects.
If the trend of mergers and reorganizations in the region is accelerating, more large-scale enterprise groups will be formed in the region, which will increase the difficulty of cross-regional restructuring, will not meet the requirements of the national government in accordance with the principle of survival of the fittest, and encourage the merger of large and powerful enterprise groups. The purpose of the reorganization.
According to insiders, currently the mode of merger and reorganization of steel companies in the region is mainly the readjustment and adjustment of state-owned assets. The merger and reorganization of enterprises is still mainly at the scale of expansion. Although the expansion of production scale is a key factor to improve the efficiency and competitiveness of steel industry However, most of the merged and restructured enterprises are still independently accounted for and operated independently. They have not reorganized their business processes, and they have not been able to exert the effectiveness of scale expansion before the merger and reorganization.

Aluminum Alloy

Includes Aluminum pipe material Alloy,Aluminum foil Alloy, Aluminum bar Alloy,Aluminum proximate matter Alloy.

1100: Good formability and high corrosion resistance are required for processing, but high strength parts are not required. Such as storage containers, sheet, mechanical parts, deep drawing concave vessels, heat exchangers, print, nameplate, reflective equipment, etc.
2011:Fast cutting alloy, good machinability and high strength, but poor corrosion resistance, suitable for volume shaft, optical components, screw heads, screws and machining products requiring good cutting performance.
3003: the properties of 1XXX series alloys should have higher strength than 1XXXX series alloys, such as kitchenware, food and chemical product processing and storage devices, tanks and tanks for transporting liquid products, as well as various pressure vessels and pipes for sheet metal processing.
4A01: high silicon content, heat resistance, wear resistance, construction materials, mechanical parts, forging materials, welding materials.
5052: the most representative alloy of medium strength (5083 is the highest), good corrosion resistance, solubility and formability, especially high fatigue strength, good seawater resistance, used in the manufacture of aircraft fuel tank, oil pipe, as well as traffic vehicles, ships sheet metal parts, instruments, street lamp support and rivets, hardware products, etc.
6061: Heat treated corrosion-resistant alloy. T6 treatment can have a very high endurance value, but the strength of the dissolving interface is low, so it is suitable for screws, ships, vehicles, land structures.
6 n01: strength in crowded type alloy, can make complex shapes of large thin meat material, corrosion resistance, dissolves are preferred. Suitable for vehicles, land structures and ships.
6063: typical alloy for extrusion, lower strength than 6061, good extrusion, can be used for complex section shapes, corrosion resistance and surface treatment are good, suitable for construction of road guardrail, vehicles, furniture, household appliances, ornaments.
Low electrode potential, mainly used for anticorrosive covering material, also suitable for heat exchanger radiator, air conditioner aluminum foil and extra thin strip.
7075: one of the highest strength alloys in aluminum alloy, but poor corrosion resistance, and 7072 covered skin can improve its corrosion resistance, but the cost is increased. Suitable for aircraft, ski pole plate forging products.

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Aluminum bar Alloy ,Aluminum matter Alloy

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