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These regions will complete the integration of steel enterprises in 2020
release time:2020-05-28

In recent years, large domestic steel companies have carried out M&A and reorganization activities. From the perspective of the global M&A and reorganization cycle, the internal laws of the steel industry and the needs of enterprise development, it is the general trend to promote the merger and reorganization of Chinese steel companies. The editor found that in 2020, the following regions will complete the integration of steel enterprises.

11 steel enterprises in Anyang will be integrated into 4

The implementation opinions of the four hundred billion-level industries such as fine steel and deep processing issued by the Anyang City Government in Henan Province earlier stated that in 2020, the reorganization and integration of iron and steel enterprises in Anyang City, the replacement of equipment capacity, and the improvement of environmental protection standards were basically completed. The proportion of Youte Steel has reached more than 30%, and the number of enterprises has been integrated from 11 to 4, forming a fully functional raw material protection, smelting, rolling materials, and deep processing industry group. The main business income strives to reach about 150 billion yuan.

By 2025, the large-scale transformation of the main equipment of the iron and steel industry in Anyang City will be completed. The ironmaking blast furnace will reach more than 1200 cubic meters, and the steelmaking converter and electric furnace will reach 120 tons and 100 tons respectively. The level of intelligence, recycling and greening has been significantly improved, the proportion of U-steel has reached more than 50%, and the main business income will strive to reach about 200 billion yuan.

Handan City strives to integrate 17 steel companies into 8 this year

A few days ago, the People's Government of Handan City issued the "Handan City Fine Steel Industry Development Plan (2019-2025)" (hereinafter referred to as "Planning"). The "Planning" clearly states that part of the production capacity should be reduced through replacement by reduction. Promote development through mergers and reorganization, and strive to integrate the number of iron and steel enterprises in Handan City from 17 to about 8 by 2020 (except for independent casting enterprises and all-scrap electric furnace enterprises).

Focus on promoting the integration, reorganization and relocation of iron and steel enterprises such as Hebei Xinjin Iron and Steel Co., Ltd., Wen'an Iron and Steel Co., Ltd., Wu'an Yongcheng Casting Co., Ltd. in Wu'an District, forming a production scale of more than 5 million tons; Nansteel Group upgraded the capacity integration equipment of Wu'an Yuhua Iron and Steel Co., Ltd., Hebei Wenfeng Iron and Steel Co., Ltd., and Hebei Xinghua Iron and Steel Co., Ltd., forming a production scale of more than 6 million tons. Strive to integrate the number of iron and steel enterprises in Handan City from 17 to about 8 by 2020 (except independent casting enterprises and all-scrap electric furnace enterprises); by 2025, the number of enterprises will continue to decrease and the concentration will be further improved.

The integration of 18 steel enterprises in Xuzhou into 3, the rest are shut down

According to the work requirements of the Xuzhou government, in order to accelerate the ten key tasks of Xuzhou in 2020, the layout optimization and transformation and upgrading of industries such as iron and steel, coking, cement, and thermal power industries have been fully completed, in accordance with Xuzhou's "Work Plan for the Integration of Five Major Industries in 2020" , 18 iron and steel enterprises in Xuzhou City, optimized and integrated to form 2 large-scale iron and steel joint enterprises (3 production points), the steel production capacity dropped by more than 30% in 2020; 11 coking enterprises in Xuzhou, optimized and integrated to form 3 comprehensive coking enterprises, Reduce coking capacity by 50% by 2020.

Up to now, 18 iron and steel enterprises in Xuzhou have been shut down and dismantled 10, including iron ore, Ningfeng, Chenggang, Longyuan, Rongyang, Niutoushan, Haitong, Longshan, Jucheng, Bofeng, of which Bofeng moved Withdraw from steel; five transitional production, shut down iron and steel enterprises including Taifa, Xingda, Baofeng, East Asia, Liguo before the end of June 2020, of which Liguo de-capacity equipment is sealed; the remaining 3 after integration are Sino-Singapore , Xu Gang, Jin Hong.

Bayi Iron and Steel will complete capacity integration in Xinjiang by 2020

Recently, Bayi Iron & Steel proposed in its business plan for 2020 that it will "find the benchmarks in a comprehensive manner, and strive to build the Group's efficient western industrial platform." Chen Derong, secretary of the Party Committee and chairman of China Baowu Group, said in his review of the business plan that in 2020, Bayi Iron and Steel will make the integration of production capacity in Xinjiang a top priority.

It is reported that Baosteel Xinjiang Bayi Iron and Steel Co., Ltd., China Baowu Iron and Steel Group Co., Ltd. and Huabao Investment Co., Ltd. jointly invested 1 billion yuan to establish Xinjiang Tianshan Iron and Steel United Co., Ltd. on March 31, 2020. Xiao Guodong, secretary of the party committee and chairman of Baosteel Xinjiang Bayi Iron and Steel Co., Ltd., served as chairman of the company. (From China Metallurgical News)

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