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    Iron And Steel Industry Enters A New Era Of Integration, And Industrial Layout Is Rationalized.

    2008/7/28 0:00:00 97

    [Abstract]

     

    Since the beginning of this year, the merger and reorganization of iron and steel industry has increased significantly.

    Shandong's two megaton steel enterprises, Jigang and Laigang, Shandong iron and Steel Group Limited by Share Ltd are officially listed.

    In 2006, Hebei merged with Tanggang, Xuanhua and Chenggang to set up the new Tanggang group, and further integrated the Handan Iron and Steel Group to set up the Hebei iron and Steel Group, with a capacity of over 31 million tons.

    The state agrees to Guangdong Zhanjiang and Guangxi Fangchenggang steel base project.

    To carry out the preliminary work, Baosteel integration of Guangdong iron and steel enterprises, Wuhan Iron and steel integration of Guangxi iron and steel enterprises have entered a substantive stage of operation.

    With the quickening pace of merger and reorganization, the layout of China's iron and steel industry is becoming more rational.

    The analysis report released by the national development and Reform Commission in July 14th pointed out that along with the completion of the Caofeidian Jingtang steel project in Hebei, the completion of Anshan Iron and steel Yingkou Bayuquan project and the approval of Guangdong Zhanjiang and Guangxi Fangchenggang iron and steel projects, the trend of China's iron and steel industry to the coastal layout is more obvious.

    Since the beginning of this year, the merger and reorganization of iron and steel industry has increased significantly.

    Shandong's two megaton steel enterprises, Jigang and Laigang, Shandong iron and Steel Group Limited by Share Ltd are officially listed.

    In 2006, Hebei merged with Tanggang, Xuanhua and Chenggang to set up the new Tanggang group, and further integrated the Handan Iron and Steel Group to set up the Hebei iron and Steel Group, with a capacity of over 31 million tons.

    The state agreed to carry out the preliminary work of the Guangdong Zhanjiang and Guangxi Fangchenggang steel base project. Baosteel integrated the Guangdong iron and steel enterprise and the Wuhan Iron and steel integration Guangxi steel and iron enterprise has entered the substantive operation stage.

    With the quickening pace of merger and reorganization, the layout of China's iron and steel industry is becoming more rational.

      

    Analysis of the UnionPay letter:

    The tendency of China's iron and steel industry to pfer to the coastal area is obvious

      

    First, the coastal layout of the iron and steel industry is inevitable under the government's push.

    In recent years, the iron and steel industry has been better, the profit margins are relatively large, the competitive enterprises have more profits, the less competitive enterprises have less profits, and the competition has not yet touched the line of life and death.

    As the steel industry returns to the meager profit era, the competition between production costs will appear.

    From the perspective of international competition, China's iron and steel enterprises

     

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