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PostPosted: Sat 8:21, 07 May 2011    Post subject: Himfrcom Reports Bao Tuan heating the iron indust

domestic steel industry has a lingo: China Iron & Steel in Hebei, Hebei, Tangshan Iron and Steel see. If we mention namely this sentence tin no be reflected in Tangshan City, the status of the servant iron industry, then the following set of data that you tin clearly penetrate the overall strength of Tangshan Iron and Steel manufacture. As the largest iron and iron metropolis of Tangshan Iron and Steel production capability throughout the annual to approach more than 50 million tons, accounting as one-half of steel output in Hebei Province, one-tenth of the national absolute capacity of steel. With an picture of the point of words: Tangshan Iron and Steel industry, playing a spray wail whether so, the domestic steel industry would be kick chills. Therefore, the Tangshan Iron and Steel industry, every push affects the pulse of the domestic steel industry.
January 25, 2010, Tangganggufen announced ashore the enterprise to preoccupy the combination barter Handan Iron & Steel and Chengdefantai completed, the corporation full name ambition be "Tangshan Iron and Steel Co., Ltd." changed to "Hebei Iron and Steel Company Limited," Tangganggufen As a subsisting company, became the sole subsidiary of Hebei Iron and Steel Group's steel main listed company; Handan Iron & Steel and Chengdefantai cancellation of valid identity entire of its assets, liabilities, equity, operations and workers into the survival of the company. Company's shares resume trading the same daytime,jordan sky high shoes, listed on the first day no price restrict. Although the market had the merger of these three steel companies already pre-sentence, merely its a reality, later still a tremendous impact to the mart. Especially through the digestion of the merger ambition give the new melee princes brings the domestic steel industry, what variety of alterations in market amuse to investors attention.
Start with the absorption of the scale of the merger, this cross-market to absorb the merger, involving either Shanghai and Shenzhen stock markets, 3, two bonds, involving almost one million shareholders, and this is the first period since the establishment of China's securities market spanning Shanghai and Shenzhen started many companies, twice the market to absorb the merger, but also for the hereafter of China's securities market through cross-market coalition has invested invaluable experience for reference. The absorption of Tangshan Iron and Steel merger namely the largest ever A-share market listed companies, the steel industry mergers and donations projects, in consensus with the merger of the two sides swap prices and the market value of approximately 36.4 billion yuan. A-share market also has chance the second largest ever transformable to absorb the merger project, this convertible to absorb the merger is completed, Hebei Iron and Steel Shenzhen Stock Exchange total market capitalization amid the top ten listed companies.
Ordinarily, Hebei Iron and Steel after the absorption of the merger ought have a more sunny future, investors should be sought after along the market, but the substantial results they do not.
January 25, Hebei Iron and Steel resume trading after the stock price path down, resume trading on the first day to reach 12.41 percentage decline, followed all the access down to 28 days 5.67 yuan Fang Cai stabilized. This is for the market investors are more cared about the development of Hebei Iron and Steel currently facing difficulties. Hebei Iron and Steel Group in accordance with the commitments, to be absorbed in the completion of the merger a year convertible into Xuanhua Iron & Steel Group Co., the company's assets, Wuyang Iron and Steel Co., the company's assets, three years into the Handan Iron and Steel Group, Handan Iron and Steel Co., Ltd. Po assets, Tangshan Stainless Steel Co., Ltd.??. Tangganggufen,retro jordans, Chengdefantai and Handan Iron & Steel, will create the country's largest and maximum competitive of the fine plates, high-quality base of vanadium-titanium and high-quality architecture materials. Hebei Iron and Steel's development tactics from the point of view, such a deployment is not much problem. But in reality the ma

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