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Recently, Japan’s largest steelmaker Nippon Steel and the third largest manufacturer, Sumitomo Metal, announced that they will start negotiations on merger and reorganization. According to the arrangement, the two parties will set up a “combined research committee†to conduct specific consultations on the merger method, shareholding ratio, company name and management composition. All negotiations will be completed by October next year and the two parties will form a new holding company. According to the production data of the two companies in 2010, the combined new company has nearly 47 million tons of crude steel capacity, which will surpass China in the ranking and become the world's second largest steel company.
The authoritative publishing media "International Hardware & Plastics Industry" has exported the world's top ten steel mills according to the output of 2009. The production of crude steel of ArcelorMittal is 73.2 million tons, ranking first, and the output of China Hebei Iron and Steel Group is 40.24 million tons. From the sixth in the world in the previous year, it jumped to the position of runner-up. China Baosteel Group ranked third, and Nippon Steel fell from the second in the world to the sixth in the world. China's Wuhan Iron and Steel Group ranked fourth. According to the latest data obtained by Luo Baihui, the executive secretary of the International Association of Molds and Hardware and Plastics Industry Suppliers, in 2010, China Hebei Iron and Steel Group produced 44.78 million tons of crude steel, an increase of 6.4% over the previous year and 42.24 million tons of steel, an increase of 12.9%. It is worth mentioning that the output of Hebei Iron and Steel Group was obtained in the context of local governments' energy conservation and emission reduction and the implementation of power curtailment and limited production of steel mills. In addition, last year, Hebei Iron and Steel Group took the lead in restructuring the 12 private steel mills in Hebei Province, namely through technology, management and other intangible assets, and obtained 10% of the stocks, but these private enterprises still maintain independent operations. The output of Hebei Iron and Steel Group in 2010 did not include these private enterprises. If the group will include the output of “loose members†in the future, Hebei Steel's crude steel production capacity will exceed 60 million tons and will continue to shrink and ArcelorMittal. The gap between the world's top steel groups.
The largest reorganization of the Japanese steel industry occurred in 2002, when NKK Japan and Kawasaki Steel Corporation merged to form JFE Holdings, the second largest steel company in Japan. The reporter of "International Die & Mould Machinery Industry" also learned that after the Indian steel giant Mittal hostile the acquisition of the European Ancelo company, the new high-day iron and steel executives were sitting on the needles and felt that there is still a strategic gap in the Asia-Pacific market. Start a malicious merger yourself. Nippon Steel not only launched a personal shareholder persuasion plan, but also launched a cross-shareholding with another strategic partner, POSCO Steel, to increase its ability to resist malicious mergers and acquisitions. Luo Baihui believes that the merger of Nippon Steel and Sumitomo Metals aims to enhance its global competitiveness in the context of the restructuring of the global steel industry, but there will still be a certain distance compared with the China Iron and Steel Group.
The central government's "Twelfth Five-Year Plan" proposal proposes to focus on the development of advanced equipment manufacturing industry, adjust and optimize the raw material industry, and promote the manufacturing industry from large to strong; to cultivate and develop strategic emerging industries including high-end equipment manufacturing, which is basically built quickly. Railway network and highway network. These industries are rapidly upgrading and developing. The requirements for the steel industry are not production or variety, but quality and performance. Germany, Japan, the United States and other countries can become powerful countries and large countries in advanced equipment manufacturing. The key is that they have a solid foundation for producing high-quality steel to support the development of modern industrial systems. Liu Haimin, deputy director of the China Metallurgical Industry Economic Development Research Center, said recently that improving the quality of steel is the top priority of China's “12th Five-Year†steel industry.
Luo Baihui, who has long studied China's steel industry and tracked the pace of world steel companies, said that in recent years, China's high-speed railways have developed rapidly, and the speed of EMUs has reached the international advanced level. However, domestically produced wheels cannot keep up with speed-up requirements, and they have all imported from Japan and Germany. The "big aircraft" developed in China is very advanced in design, saving 15% of fuel, attracting worldwide attention. It has begun to order in bulk, but aircraft engines, landing gear, hydraulic pipes, and other parts related to steel materials are now all imported. High-strength, high-toughness steel plates for EMU cars have not yet been developed, and vehicle manufacturers can't wait, so they have to replace them with aluminum alloy plates, which is costly.
China's railway bridges have developed to large span, light structure, corrosion resistance and long life. However, the traditional low alloy bridge plates are not suitable for modern bridge construction. Building steel is the most used steel product in China. The use of low-grade steel bars in the event of an earthquake can cause the house to collapse. In the last century, 1.2 million people died in the world due to the earthquake, including 600,000 deaths in China. In the past two years, China’s Wenchuan earthquake has killed 70,000 people, Chile’s 8.8 earthquake has killed 700 people, and the New Zealand 7.2 earthquake has died. These accidents have a certain relationship with the quality of steel.
China's wind turbine gears and bearings, although the speed is not high, is not a "high, fine, sharp" products, but they are running in the desert, plateau or sea above 80 meters, it is difficult to repair, a small part is equal to scrapping Unit. Therefore, wind power equipment requires that the quality of steel must be 100% stable and uniform, and that it will not be repaired for 20 years. However, the quality of domestic steel is unstable, and users are afraid to adopt it, basically relying on imports. According to the statistics of the machinery industry, the annual import of high-end gears in the country consumes about 5 billion US dollars, equivalent to one-third of the sales revenue of the gear industry. China's gear steel, bearing steel, and die steel are generally low-end surplus, high-grade imports, domestic steel finished products only 1/2-1/3 of the imported goods.
Many facts show that although China is already a big steel country, problems such as low strength and poor performance of steel products urgently need to be solved, and the improvement of steel quality is urgent.
Concerned about surprises
Tag: China Iron and Steel Group, the world's first steel quality
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