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Chinese iron and steel enterprises in mergers and acquisition

Chinese iron and steel enterprises in mergers and acquisition

  • Categories:NEWS
  • Author:
  • Origin:
  • Time of issue:2020-07-24 15:06
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(Summary description)

Chinese iron and steel enterprises in mergers and acquisition

(Summary description)

  • Categories:NEWS
  • Author:
  • Origin:
  • Time of issue:2020-07-24 15:06
  • Views:
Information

Recently, the proposed acquisition of Baosteel Iron and Steel news was the focus of U.S. concern, if the completion of the acquisition, which will be the introduction of iron and steel industry revitalization of National Planning, the first examples of the spirit of practice planning. In addition, most of the iron and steel enterprises is in dire straits, iron and steel industry downturn in the overall atmosphere, the M & A action Baosteel steel prices will undoubtedly give provide more insight.

 

 

With the world on some of the important iron and steel enterprises, China's steel prices the apparent lack of experience in mergers and acquisitions. Industry experts have been in order to not to consider mergers and acquisitions and mergers and acquisitions, not to for the expansion of production capacity, expanding the scale of mergers and acquisitions. Has a dream of a world steel prices, is the right thing to do step by step into the world, branding, Chinese steel prices may be necessary to learn to start from now to a higher stage of M & A road.

Mergers and acquisitions who was looking for bright spots

Expanded scale has been the dream of all enterprises, especially iron and steel enterprises, their production capacity are the best tag. The more forward the development of iron and steel industry, productivity and profits must be directly proportional to the profits of unit production capacity depends on the technological content of products. From China's steel industry development, the formation of some large iron and steel group is necessary in order to Baosteel, Wuhan Iron and Steel, Anshan Iron and Steel Group, etc. For example, their goal is to produce 50 million tons, which is among the world-class steel prices indicators should be rigid, but they are away from the target must have the gap.

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