Steel Prices Rebound &Nbsp; Steel Enterprises Integration Step On The Accelerator.
along with
Steel price
After four weeks of continuous rise, steel and social steel stocks continued to decline, and downstream consumer demand flourishing. The whole steel industry is as bright as the current season.
And the same goes into the "spring", and the reorganization and integration of major steel companies. Whether it is just the restructuring of the Shanxi iron and steel industry or the saddle version of a series of problems.
Recombination
With the reorganization of Shan steel, there has been a good news in recent days.
This also makes China's iron and steel industry territory again smoke four.
Steel enterprises reformed and stepped on accelerator.
The curtain of the new round of industrial restructuring was quickly opened after the Spring Festival in 2011.
First in the middle of March, the Shanxi provincial government confirmed that the iron and steel industry will be integrated and reorganized in the summer.
The merger and reorganization of Shanxi's iron and steel industry this year will be carried out by Taiyuan Iron and Steel Group and Shougang Group. Nearly 60 million tons of iron and steel production capacity will be allocated between Taiyuan Iron and Steel Group and Shougang Group.
It is reported that in the specific plan,
Tisco
The group will integrate the steel production capacity of 4 cities in Taiyuan, Lvliang, Linfen and Yuncheng. Shougang Group will integrate the steel production capacity of Changzhi, Datong and Jincheng 3 cities.
Then, at the end of March, the long sealed Saddam Book reorganization sent the message of breaking ice.
Zhang Xiaogang, general manager of Anshan Iron and Steel Group, said in an exclusive interview with the media that the SASAC was recently chaired by deputy director Shao Ning and set up a working group to promote the reorganization and reorganization of the two iron and steel enterprises.
In this regard, market analysts believe that the SASAC take the lead in promoting the work mechanism of strengthening and straightening out the integration of two steel, tackling key problems and solving substantive problems, so as to speed up convergence.
In April 12th, after nearly two months' suspension, Shan Steel Group launched its third version of the restructuring plan.
More than a year after the first announcement of major asset reorganization at the end of 2009, Shan Steel Group has introduced two reorganization plans. But because of the low performance of the A share market, major changes in the operating environment of the steel industry, and the decline in share prices, it was not a matter of fact that it was voted against at the shareholders' meeting.
Although the fate of the new plan for our reporter and the question of when the new reorganization plan is going to be pushed forward smoothly, the staff of the Ji'nan iron and steel Securities Department said in an interview that it was not clear yet, but it also indicated that the mountain steel group is currently leading the work to intensify this work.
And the "urgent" mentality of Shan steel has also been able to see one or two from its recent action. In previous plans, only shareholders who voted against the shareholders' meeting, that is, dissenting shareholders, would have the right to choose cash.
In the new scheme, all shareholders except Shan Steel Group and its associated enterprises will get the cash option regardless of whether the shareholders' meeting will vote or how to vote. The option price is still 3.44 yuan per share of Ji'nan steel and 7.18 yuan per share of Laiwu Steel Group.
Some analysts reckon that if all the non Shan steel shareholders choose cash to "redeem", Shan Steel Group and Shandong state owned company will take out up to 4 billion 900 million yuan of real gold and silver.
Industry restores steel enterprises to benefit first
However, on the other hand, after three consecutive trading days, the closing price of the price rises to 20%, and Hebei iron and steel announced that after consulting the controlling shareholder of the company, Tanggang group and the actual controller of the Hebei SASAC, both sides indicated that there was no significant impact on the reorganization of the company in the next three months.
Earlier, in the last two months of 2010, with the energy saving and emission reduction regulation becoming popular, many people's camp steel enterprises were looking for "backing".
The river steel group took this opportunity to restructure 12 private steel enterprises in the province by "gradual equity fusion" mode, so that the whole industry can look at it.
At the moment, the river steel group temporarily closed hand, it is inevitable to let people guess whether this is the current industry rebound, many private steel enterprises after a better day, for the merger and reorganization of the internal demand slowdown.
"It is okay to reorganize without restructuring and to be better than bad luck. This is an industrial policy of the country. It must go on. It is sooner or later than one day."
In response, a group of people close to the River Steel Group recently said in an interview with our reporter, "actually, even if the price of steel rebounded now, he did not make a lot of money, because the price of coal also rose, so the profit level did not rise."
"From the perspective of the development history of the world's iron and steel industry, products with no characteristics and mainly low-end products and small scale iron and steel producers will not develop alone for a long time.
Because they do not have the core competitiveness, and this year's task of energy conservation and emission reduction is still very arduous.
Zhang Lin, a well-known steel information agency, Lange steel analyst also holds similar views.
At the same time, Zhang Lin said that for those companies that had already completed the restructuring, the steel industry will pick up their profits at the moment. "(restructuring) not only responds to the call of the state to increase the concentration of the steel industry, but also has synergies in resources, technology, management and financing. Whether it is the M & a side or the M & a side, it will benefit."
- Related reading
- Wedding dress | Jinhua Wedding Photography Taizhou Wedding Photography V8 Hangzhou Wedding Photography Is Widely Praised.
- Wedding dress | Wuhan Wedding Photography Changsha Wedding Photography V8 Hangzhou Wedding Photography Leads Fashion
- All kinds of | Shaanxi Dry Cleaner'S Joining: The Brand Name Of The Italian Green King Dry Cleaning Machine
- All kinds of | Dry Cleaners Join UCC, Dry Cleaning Leading Brand
- All kinds of | Yi Lu Wang Dry Cleaners To Join: Famous Brand Dry Cleaning Machines Are Popular.
- Dalian | Light Luxury Jewelry Brand Stationed In Dalian'S Shopping Centre
- Dalian | Dalian'S Top Luxury Luggage Show Leads The 2014 Spring And Summer In.
- Dalian | Dalian Clothing E-Commerce Service Platform Officially Started Operation
- Dalian | 2014 Dalian Expo Will Be Held In Beijing
- Dalian | Transformation Of Dalian Garment Enterprises To Independent Brands
- &Nbsp: Witness The Pformation Of "Made In China"
- Shoes And Equipment At The Twenty-Sixth World Universiade Debut At Jinjiang Shoe Fair
- Eight The Company IPO Approved &Nbsp; The Two Company Will Meet On The 22 Th.
- Nearly 1000 Overseas Businessmen And Professional Buyers Gathered For Shoes Expo.
- In The First Quarter, The Profits Of State-Owned Enterprises Were More Than 500 Billion Yuan, And The Enterprises Belonging To The Ministry Of Railways Are Now Losing Money.
- On The First Day Of The Thirteenth Jinjiang Shoe Fair, "Gold Absorption" Exceeded 15 Billion 100 Million.
- Japan Announces Draft "Basic Law On Revitalization"
- Adidas Is Spending $One Hundred Million To Launch A Global Marketing Campaign To Occupy The Young Market.
- Many Countries Are Deeply In The "&Nbsp" Of European Debt.
- CEO Crisis Management Capability Is Facing Major Challenges