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Steel enterprises still have the opportunity

2017-06-19 10:16:10 | 日記
Recently, Baosteel Group Chairman Xu Lejiang said the Chinese galvanized steel coil industry profit operating conditions expected is unlikely to change in the next two to three years, but iron and steel enterprises still have the opportunity to develop.Xu Lejiang consider that 2011 the greatest feeling of pressure are high costs of raw material, downstream demand development ratea€?s slowdown, more competitive of the steel industry, so that China's steel industry get into the era of little profit, and this operating low profit situation is expected difficult to change in the next two to three years.

In the domestic market, opportunities are mainly from low-carbon economy of the market space. To this end, Baosteel has begun to develop environmental management, nurturing the company's new competitive differentiator. In the international market, export opportunities and resources not only from the energy sector investment, R & D but also look ahead, make a move firstly, in order to account for the high ground in the competition inside the industry.For iron and steel enterprises are faced with the opportunity, Xu Lejiang said: First, industrialization and urbanization is the theme of China has not changed at this stage of development, especially the process of urbanization and the development of China's central and western regions will significantly speed up, China's steel industry in the long-term are still room for development.

Again, the face of tight resources and the environment, the pursuit of sustainable development and achieve a low carbon economy is becoming the mainstream of world economic development and national policy guidance, which will promote the iron and steel enterprises to develop environmental management, and resource utilization for the iron and steel enterprises to provide greater business development of space for iron and steel enterprises seeking to green energy, new materials, green building and other new industries breakthrough provides a good opportunity, and to the transformation of iron and steel enterprises and multi-industry a rare opportunity to accelerate development.Finally, Xu Lejiang said the international is not only steel industry going out, including the capital from overseas to come.

It is understood that Baosteel as a leader in the domestic steel industry, in 2010 created industry-wide 27% of the profits with less than 7% of the capacity . However, in 2011, Baosteel is the same to other steel counterparts; suffer from the dual pressures of high raw material costs and downstream demand lower development rate.Secondly, the current round of international financial crisis will further promote the manufacturing and steel industrya€?s focus transfer to China and other emerging market economies, and promote China's downstream steel industry large-scale international development. This will help the domestic steel pipe companies and other large enterprise groups advanced to enhance the international competitiveness and international operations.

So far, China's use restrictions policy on foreign large-scale capital come into Chinese iron and steel enterprises, that with the restructuring and development of its personal depth, the Chinese steel industry policy limit foreign capital will slowly fade coming. China's steel tube enterprises, China's capital will go out to invest in building iron and steel production base. Foreign capital, foreign steel industry come to participate in China's steel industriesa€? industrial restructuring, structural adjustment, which is surely coming trend.
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