The reporter was informed that in order to accelerate the merger and reorganization of the steel industry, relevant departments are studying and discussing the establishment of a merger and development fund for the steel industry. According to authoritative sources, mergers and acquisitions to improve industrial concentration is the only way for the steel industry to expand its scale and achieve economies of scale in the future. In particular, the independent living space of small and medium-sized private steel enterprises has shrunk, and it is necessary to take the road of joint reorganization and scale.
The above-mentioned authoritative sources said that at this stage, the capital consumption of enterprise integration is increasing, and the integration of a single enterprise is difficult. Therefore, it is hoped that enterprises will jointly establish a steel industry merger development fund to increase the reorganization space.
Large-scale development is the trend of the times. At present, many places have already issued plans for the development of the steel industry. By 2020, Hebei steel enterprises will form a '2310' industrial structure, including two internationally competitive enterprises and three local strength enterprises. 10 characteristic steel enterprises. Jiangsu actively formed the '134' pattern, Shanxi plans to reduce from the current 27 to 10. Sichuan strives to build a powerful and competitive 10 million-ton backbone steel group with a total output value of 3,500. 100 million yuan.
Zhao Chenxi, director of the Economic Development and Control Bureau of the National Development and Reform Commission, previously said that the task of reducing 30 million tons of crude steel capacity in 2018 has been completed 80%. At present, the industry is still in the 'pain period' of structural adjustment and conversion of old and new kinetic energy, and the high-quality supply system is still Not fully established, the future needs to continue to unswervingly improve the quality of the supply system as the main direction.
Wang Lianzhong, executive deputy secretary-general of the All-China Metallurgical Chamber of Commerce, said that the steel production capacity work is gradually coming to a close, and it is about to enter a new stage of 'after capacity reduction'. Under this background, the main contradiction in the steel industry is transformed into an industrial structure that is not compatible with market demand. Contradictions, the development of the industry into a new strategic opportunity period for transformation and upgrading and high quality development.
From the first half of this year, the economic benefits of the industry have increased steadily. In the first half of the year, the total profits of industrial enterprises above designated size reached 3.39 trillion yuan, a year-on-year increase of 17.2%. Among them, the ferrous metal smelting and rolling processing industry realized a total profit of 187.56 billion yuan. Growth of 113%, sales profit margin of 6.1%.
Judging from the 160 major private steel enterprises counted by the Metallurgical Chamber of Commerce, in the first half of this year alone, the sales revenue was 1,078.2 billion yuan, a year-on-year increase of 20%; the profit was 99.6 billion yuan, a year-on-year increase of 135%. It is worth noting that the proportion of key enterprises In terms of output, in the first half of the year, the above-mentioned private enterprise steel output was 183 million tons, up 17.24% year-on-year, and small enterprise steel output was 168 million tons, down 2.78% year-on-year.
The high-quality production capacity in the industry was fully released. In the first half of this year, private enterprises produced 264 million tons of crude steel, up 4.56% year-on-year, an increase of 1.44 percentage points lower than the national average. Steel output was 351 million tons, up 5.5% year-on-year. The level is 0.5 percentage points lower. However, the proportion of steel production in key private enterprises has increased from 46.6% in the past to 52% this year, while small enterprises have dropped from 53.4% last year to 48% today.
Small and medium-sized steel enterprises are small in scale and lack of strength, which will lead to insufficient investment in innovation and energy conservation and environmental protection. It is difficult to meet the standards and will hinder the adjustment of the industry structure. Zhang Zhixiang, chairman of Beijing Jianlong Heavy Industry Group Co., Ltd. believes that many domestic steel enterprises are currently in size. Small, large in number, difficult to coordinate. In the case of a decline in aggregate demand, it is easy to fight price wars and fall into vicious competition.
'Integration to improve industrial concentration, many problems can be resolved through negotiation. Market behavior can be more rational, market division of labor will be more clear, facing upstream and downstream enterprises and financial institutions will have greater bargaining space, more initiative. Zhang Zhixiang said.
The expansion of scale will also bring about a substantial increase in profits. For example, Shagang, Jianlong, with a capacity of 50 million yuan, in the first half of 2018, Shagang achieved a profit of 12.4 billion yuan, and Jianlong achieved 5.167 billion yuan. Specifically, Shagang passed its company. Became the first major shareholder of Northeast Special Steel and carried out reorganization. Jianlong continued to merge and reorganize Haixin Iron and Steel and Beiman Special Steel. Only Haixin Company achieved a profit of more than 1 billion yuan in 2017.
In the future, we will establish a steel merger development fund to promote mergers and acquisitions among enterprises and carry out industrial upgrading. Wang Lianzhong said that mergers and acquisitions between enterprises will effectively solve the problems of insufficient strength, excessive risk and insufficient management capacity of individual enterprises, and give full play to the overall advantages of enterprises. The impact of the improvement of environmental protection standards will not be reduced, enterprises can not blindly limit production, shut down, SMEs will be forced to upgrade.
The data show that the Beijing-Tianjin-Hebei air pollution transmission channel '2+26' city related enterprises, since October 1, 2018, the implementation of special emission limits of sulfur dioxide, nitrogen oxides, particulate matter and volatile organic compounds. At the same time, previously released The "Electric Enterprise Ultra-Low Emissions Reconstruction Work Plan (Draft for Comment)" requires that by the end of October 2020, the Beijing-Tianjin-Hebei and surrounding areas, the Yangtze River Delta, the Yan Plain and other key areas for air pollution control have basic conditions for the transformation of steel enterprises. Complete ultra-low emission transformation, new steel construction (including relocation) reached ultra-low emission levels.
Wang Lianzhong further pointed out that in response to the merger and reorganization of steel enterprises, the policy will involve personnel resettlement, taxation, finance, finance and land use, and corporate relocation.
