ugg stivali Baoshan Iron and Steel Industry M & Ba

Baoshan Iron and Steel Industry M & Bayi Iron & Steel logo to accelerate the pace of M & A

Cross-regional mergers and acquisitions, the creation of the \According to the 2005 introduction of the \ratio to reach 50%, 70% by 2020, and the present concentration of the requirements from the 2010 short of 15 percent. Therefore, today, M & Bayi Iron & Steel Baosteel will encourage and stimulate the completion of other big domestic iron and steel group, to accelerate the pace of domestic mergers and acquisitions, deal with the challenges of foreign capital. Baosteel has been taking shape, saddle Benxi Iron and Steel, Shandong Iron and Steel, Tangshan Iron and Steel and Wuhan Steel's first five male rivalry will be further strengthened, with the international competitiveness of the domestic large steel enterprise groups will accelerate the formation and development. Satellite feeds Shougang Iron and Steel Company Jingtang construction progressing smoothly by Shougang and Tangshan Steel jointly established Beijing Shougang Iron & Steel United Co., Ltd. Tang on October 22, 2005 was formally established, the company, respectively, by the Shougang Group and Tangshan Iron and Steel 51% and 49% funded. Beijing Shougang steel company's project planning Tang total area of more than 20 square kilometers, of which the first phase covers an area of 11.95 square kilometers. A project was March 2, 2006 officially started, the effective duration of 18 months (the duration is 27 months), completion is expected in June 2008 (2010 formally completed.) After the completion of a project, the company will have 550fn2 sintering machine 2, 60 hole 7.63m coking chamber of coke oven 4, 504fn2 belt pellet roasting machine 1, 5500m3 blast furnace 2, the desulfurization unit 3 sets, 300t dephosphorization Converter Block 1, 300t steel converter three, ladle refining furnace Block 1, RH refining equipment 2 sets, 2180mm second-rate slab continuous casting machine 2, 1700mm second-rate slab continuous casting machine 1, 2250mm and 1780mm hot strip 1 set of each plate rolling mill, 2030mm and 1550mm cold rolling strip mill and 1 set,[link widoczny dla zalogowanych], and cold-rolled silicon steel sheet and other units. The company's annual iron production capacity will reach 8.98 million t, steel,[link widoczny dla zalogowanych], 9.7 million t, steel, 9.05 million t, the target year of sales 44.3 billion after-tax profit of 8.08 billion yuan. Production of major products are hot rolled coil, steel, cold rolled coils, galvanized plate Lane, color-coated, cold rolled silicon steel and so on. Since March 27, 2006 has completed testing ground treatment is progressing smoothly. Earlier, in December 2005 level of Caofeidian 25 million tons of iron ore terminal one of the main project has been completed. Indian iron ore export tax satellite feed China's steel production costs will affect the Indian government announced on March 1 this year on the export of iron ore from Rs 300 per tonne tariff imposed by India last year,[link widoczny dla zalogowanych], China imported 74.75 million tons of iron ore calculated Chinese manufacturers will do this extra expenditure of about 5 billion U.S. dollars. This is a new iron ore prices for China with the event. China's iron ore exports from India accounted for about 23% of the imports of iron ore. India's relatively low price of iron ore in the past, but do not want India and China signed a long-term supply agreements, ore prices always follow the market. Only last year by the end of March,[link widoczny dla zalogowanych], the Indian cabinet has approved the India and China Minmetals Corporation (Baosteel), Japan and South Korea signed the 5-year iron ore trade agreements. Therefore the decision of the Indian ore tariffs will affect many of China's iron and steel manufacturers. Indian iron ore will increase with the cost about 10 yuan per ton, although the Chinese manufacturers should be able to digest, but the release of the signal is more worthy of attention. First, demand for iron ore in India is growing, the Indian steel industry is in rapid development,[link widoczny dla zalogowanych], projected that by 2010, India will add steel production 3000-4000 tons, its domestic total demand for iron ore will reach 1. 900 million tons, while iron ore production is currently only 175 million tons per year, so the Indian government to increase tariff policy may mean that iron ore exports will be gradually reduced. Secondly, in the past between China and Australia, Brazilian iron ore supplier negotiations for the suppression of the other price increases is too large, the degree of ore often printed cards, the future seems to Australia, Pakistan to further the momentum of iron ore prices, the Chinese steel makers to pay greater costs. Although the China Iron and Steel Association and the major steel companies in India iron ore export duty levied against measures taken to suspend the imports of Indian iron ore, but this is only a temporary act, can not be sustained, after India had to import iron ore, in order to maintain multi-channel sources of imported ore, so this event on the impact of the cost of steel production in China is inevitable. Wei-line feed

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