Anshan Iron and Steel has to "climb" to look at the "Ben" from four to three

Source: Internet
Author: User
Keywords Steel Angang four-change three
Anshan Iron and Steel company shares suspended for two days of the mystery of the official announcement.  Today, Anshan iron and steel shares issued the latest announcement that the State Council SASAC has approved the company's controlling shareholder Anshan (hereinafter "Angang") and Pangang Group Co., Ltd. to implement a joint reorganization. Analysts point out that after the reorganization, the iron and steel enterprises in the central enterprise will change from four to three.  If the reorganization of Benxi Iron and Steel Group Corporation can be substantially promoted, the new "big Angang" will surpass the Hebei Iron and Steel Group and Baosteel Group, and become the first aircraft carrier in the domestic steel industry. Iron ore prices forced Palace steel enterprise mergers and acquisitions in the announcement today, the joint reorganization, will set up a new Angang group company as Anshan Iron and Steel Group Co., Ltd. as the parent company, by Sasac on behalf of the State Council to the Anshan Iron and steel Group company to carry out the role of investors, Anshan Group,  Pangang Group Co., Ltd. is a wholly owned enterprise of Angang Group Corporation. "Although the two mergers and acquisitions have been expected in the market, it is indeed progressing faster than we thought."  "Yesterday evening, the capital Securities and steel industry analyst Wang Hua in the securities daily," the reporter said to the newspaper reporter. "One is that iron ore prices rise so high, so that the days of steel enterprises are very sad, so the power of industry integration is greatly enhanced, after all, the concentration of iron and steel industry to increase the size of enterprises, to improve its iron ore negotiations on the right to speak."  Wang Zhao Hua analysis way.  Some media said recently that after the quarterly pricing, the international three big iron ore giants are brewing to further raise the price of iron ore, the plan in the three quarter of this year to increase the price to 160 U.S. dollars/ton, more than the current implementation of the price of nearly 50%. "Then now the whole industry is busy mergers and acquisitions, such as Baosteel restructured Canton Steel and Shao Steel, you do not go to mergers and acquisitions will be purchased by others, the capacity of others are up, you will fall behind."  Wang Zhao Hua Dao. The restructuring of the saddle is still very confusing. Almost at the same time, another source said that over the years with Angang in the name of "saddle the group" under the brand of Benxi Iron and steel Company in recent days with the Liaoning province, another large steelmaker-North Taiwan Steel Group Corporation (hereinafter referred to as "Northern steel"  To work together on the reorganization of two families. In recent years, the restructuring of the saddle has failed to act substantively. Benxi iron and Steel turned to join hands to the future of the restructuring of the saddle is more confusing.  At the beginning of May, Anshan Iron and Steel Group deputy general manager Bai Jing Waterfall has said, although the current restructuring of Anshan iron and steel, but Angang is continuing to promote the "saddle this reorganization." It is reported that at present, Anshan iron and steel production capacity of 25 million tons, pangang production capacity of 10 million tons, and the Benxi, north and the company if the smooth restructuring, the scale will reach 21 million tons of steel. Obviously, if these steel enterprises in the end can be attributed to the "big Angang", will be more than Hebei Iron and steel group last year capacity of 40.2 million tons, Baosteel group 38.87 million tons, to become the largest domestic production of steel companies.
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