This year, China's放笑 steel industry ush信裡ered in the peak year of exports, stee要好l exports and export growth房靜 rate reached a record high. Steel ente師時rprises to increase那內 investment in overseas merg房秒ers and acquisiti為生ons, Baosteel Group, Hebei ir紙懂on and steel group have acce著分lerated overseas investment, th音業e establishment of industrial 刀通bases. In recently sponsored by 會問the Chinese Society for metals 2014離那 (third) of the China Ir那頻on and steel technology econo鐘河mic high-end forums, many people in th大制e industry said, merger and拍睡 reorganization為輛 of the industry window has been op看醫ened, should accelerate the estab錢員lishment of a fair and reasonable mark弟會et mechanism.
Export record high
This year, Europe and th高習e United States and Japan and ot我子her developed economies, the econ光船omic recovery, the international steel 子銀market demand has been restor要關ed. Coupled with i家放nsufficient domestic demand, 靜湖steel prices generally increase the 站影export intensity,也如 both the number of expor開和ts or growth rate近外, have reached a record high.
Data show that 1-8 體好months of China&自民#39;s total exports of 56 million 道舊380 thousand tons來懂 of steel, an increase of 34.3%; impor行海ts of 9 million技分 640 thousand tons of steel, an inc時來rease of 4.4%; net exports of cru有了de steel exports 科水49 million 720 tho些刀usand tons, an increase 都化of 42.7%. Industry sources said,美房 this level has reached a historic hig喝亮h.
In terms of price, 1-8 month average 頻做price of steel exports 795.鐵女3 U.S. dollars / ton,弟湖 down 7.5%. Steel imports對朋 average price of 1249.9 U.對們S. dollars / ton, a雪北n increase of 3.5%. &quo謝姐t;The problem of steel exports i和喝n the price change." China I也務ron and Steel Industry Associat窗員ion Deputy Secretary General Qu Xiuli 我火said.
Due to the substanti又章al increase in steel exports, the i訊站ncrease in the releva能那nt international trade frict如線ion, many countries have adopted ant作就i-dumping, countervailing duties a關雪nd other trade protection policy. Qu X玩通iuli is expected in the second h文光alf will remain gr下空owth, but it is difficult to maintain 開你the high growth in the first 海照half, the growth rat物遠e will drop. &quo訊務t;Iron and steel 上物enterprises to optimi鄉是ze the structure of export products an時就d regional distributio數學n, improve the ad喝行ded value of export pro樂讀ducts, reduce trade fr間車iction, to truly enhance t睡讀he ability to p唱姐articipate in inte街公rnational market competition見空." Qu Xiuli said.
It is not only a substantial increa紙女se in steel expo熱鄉rts, steel prices are also increasin報金g the intensity of ove體明rseas distribut道低ion. In May this year, Baosteel我個 Group, Baosteel Resources 跳近International an商線nounced that it inten火個ds to expand through the acquisi懂海tion of Aquila holdings to 85%.亮要 Aquila is Australia a mineral resour鐵體ces exploration an高到d development of listed co月男mpanies, mainly mining assets i綠黑ncluding Queensland Lanzh金為ou Bowen Basin coal, Western Austr醫體alia's Pilbara iron ore region an銀靜d South Africa ore 飛姐and iron ore resourc個湖es project assets.
"This is a 刀舊step to win." Baosteel Group市又 Chairman Xu Lejiang described離民 the above investment. Xu 道資Lejiang said that af煙山ter the increase in holdings, the fu呢房ture still needs門窗 a larger investment. But from th女公e results of this round o民畫f overseas investment to s近到ee, the competi行中tiveness of the ore per ton has been c師公omparable to FMG.
Hebei iron and 綠匠Steel Group recently看都 announced cooperation with the South A雨器frican governmen區分t to create a resource developmen不間t, international logistics, iron and 習森steel industry as one of t店討he overseas industrial base. The nex山議t group is also preparing to buy share科器s from 10% shares of JCDecaux, e暗外xpanded to 51% stake to 52%."科城 Peng Zhaofeng, general man喝木ager of Hebei iron and Steel Group r紅又evealed. As the world's la工書rgest independen件紙t steel trader, JCDecaux company al醫知so has sales network in Sou議化th africa.
Xu Lejiang poi黃物nted out that this美微 year is the st人土eel industry expo訊文rts peak years, the development of 弟土regions such as the 行志Middle East, Africa, Southe體對ast Asia and East廠購ern Europe, China's steel ind月又ustry will be the future de少下velopment of the main areas. Althoug亮放h out of the face of l道個anguage, culture and other 是樹aspects of the risk, but t又校he Chinese steel go out is 舞錯the trend.
Usher in the peak of mergers and acqu懂對isitions
At present, the do間拿mestic steel market is still in the dol喝農drums, resolve excess cap朋雪acity, promote mergers and 資著acquisitions, acceler來器ate the transformation and 報那upgrading, has been the developm房畫ent of the indu校舊stry prescription". Many花東 industry insiders sai讀一d that the current industry ha路到s ushered in the merger and reorga是也nization of the window period, the船制 future needs to從得 accelerate the establ冷學ishment of a fair and reas愛算onable market mechanism.
"Reduction and restructuring of 時議the steel industry, shuttin身信g down the low efficiency 東上of the plant an來有d non main industry, it is imp資道erative." Chairman of訊你 the Chinese Society 跳黑for metals, Xu s女姐aid that China's iron and steel i放和ndustry in the ten years new c能音apacity reached 7 million tons, 綠書but the investment煙微 debt make financial cost商商s are too high, the見窗 iron and steel industry as 作拍overcapacity in the industry in the聽外 worst economic benefit of indus火跳try.
Early this year, the State Cou爸船ncil issued the "on the further 內來optimization of corporate mer器電gers and acquisitions ma微算rket environment光腦 opinions". Secretary, Ministry劇著 of industry and information techn站月ology industry policy Feng Fei分民 said that the whole idea 相雜of the policy is to create a你從 better market environment, mainly多些 to solve in the process of匠醫 merger and reorgani市唱zation of Taxation, and financial 多河means are not perfect, land, person嗎土nel placement problem in four as商著pects.
"Has ente舊們red the steel merger and r筆照eorganization of th區年e window period, is e門資xperiencing a new round of mergers and 車空acquisitions peak." 銀理Feng Fei said tha是近t the Ministry is ste有白pping up the implemen視房tation of the above d物喝ocuments, hoping to put in place th資黑e policy in plac東也e this year, to create黑們 a good market environment fo場風r corporate mergers and acquisitions.家玩
For the trend of industry merger東船s and acquisitions, many steel enter冷房prises in support of the same time als女國o called on the government to spee美嗎d up the establishme看務nt of a fair and reasonable market en些湖vironment. Xu Lejiang said那體 that if there is no fair market envi月年ronment, corporat商著e mergers and acquisitions 山讀will face a very big pre錢化ssure. "At present, 了兵the state owned enterpr上雪ises and private enterprises, large ent在土erprises and small ent長可erprises, the gap is very large. W門到hether it is from the ta志可x or environmental 現公point of view, who came to 東購law enforcement? After the很些 illegal how to do? These issues n朋照eed to be resolved, the government sh去又ould play a better role." Xu L公中ejiang bluntly.
Xu Lejiang also said that techno輛內logical innovation is the子快 basis for the 動書development of steel prices, managem煙業ent and business model 西校innovation is the gu城窗arantee of the transformation of 笑低steel enterprises. "It is 北現now the era of big data, intel現上ligent. Steel prices not only t民場o improve the quality, control co店遠sts, should also follow th飛看e times, in the data and intellig事男ence to be a breakthr海可ough."
