Challenge to follow Baosteel Wuhan Iron and Steel limited production order to see change in the situation of Fangchenggang – steel, steel, price – iron and steel industry
Baosteel Zhanjiang project restart when another regulation of large-scale steel projects encounter?? WISCO Fangchenggang project, also is "Resurrection."
2 24, this reporter learned from the Wuhan Iron and Steel Group, Wuhan Iron and Steel Fangchenggang 10 million ton steel project preparation work, "is advancing as planned."
"The normal operation of the project is currently in progress which." Wuhan Iron and Steel Group publicity everywhere Changbai side told our reporter. Wuhan Iron and Steel Group, an insider told this reporter that at present, the main factory has been equipped Fangchenggang start condition, the trial project is being reported.
2009, due to limited excess capacity in the domestic iron and steel, based on the "Guangdong and Guangxi," the two million-ton steel coastal project?? Baosteel Zhanjiang project and the Wuhan Iron and Steel Fangchenggang project, once for a stay of construction.
Restart preliminary work Last October 12, Qi Tang Lin, general manager of Wuhan Iron and Steel Group in the interview with this reporter said, Wuhan Fangchenggang project by the financial crisis, are not going well, the government has not approved the project feasibility of Fangchenggang report.
The WISCO the project as a "life project." Wuhan Steel has a high level of complained in a chat, Fangchenggang project should not be delayed, "not across the board."
The insiders told reporters Difficult Fangchenggang project, the Fangchenggang City and Wuhan Iron and Steel with the relevant authorities for a number of communication, including further study of the report can be submitted, in building and planning more reflects the trend of economic development. In addition, Fangchenggang specially formulated "of regulations of Fangchenggang steel base."
Fangchenggang City leaders also meet resistance on several occasions on the issue with the Wuhan Iron and Steel project negotiations, and to organize a group to study to understand the Baosteel Zhanjiang Zhanjiang steel project construction progress, "In the end, both sides decided to continue to promote the early work."
These people also said that the main plant Fangchenggang 1.7 billion invested in 2009 about the demolition work being carried out new sites, industrial supporting areas of land acquisition has also completed nearly 90%.
Guangxi provincial government in early position, Fangchenggang steel base is "on the 1st Project" in the hope Wuhan Iron and Steel Group to carry out a comprehensive pre-project work more with the volume of investment for the project officially started construction conditions.
In addition, the Wuhan Iron and Steel Project Fangchenggang also continue to be the national development bank loans. The insider told this reporter, in December 2009, the National Steel Corporation opening act added 80 billion yuan in the development of integrated credit and financial Cooperation Agreement. Which supported the project, including Fangchenggang steel project on preparatory work, the other is the Wuhan Iron and overseas resource development projects.
The source said, though, Wuhan Iron and Steel Fangchenggang the availability of Development and Reform Commission approved the project is not yet clear, but does not affect the plant's construction.
Start is imperative Fangchenggang iron and steel projects are Wuhan Iron and Steel as a key step in its transformation.
Wuhan is located inland, required more than 80% dependent on imported ore, and therefore the cost of ore transportation in similar enterprises in the high, even once higher than the industry average. To reduce costs, Wuhan Iron and Steel in recent years, active in the construction site along the Yangtze River Iron ore Transit stations, but transport costs are still higher than Angang (000,898, stock it), Baosteel.
Therefore, get rid of high cost Fangchenggang as Wuhan Iron and Steel "that came out." Wuhan Steel's thinking is to seize the "China – ASEAN Free Trade Area," the opportunities, the first to capture the market.
January 1 this year, "China? ASEAN Free Trade Agreement" entered into force, 90% of zero tariffs on 7,000 kinds of commodities, textiles and clothing involving agricultural products, automobile parts, steel and other industries. Among them, the steel industry is the biggest industry gain a good one.
My section of steel mesh had won, said analysts, the ASEAN is China's second largest steel exporting region, the short term, China's steel exports to ASEAN's share of the rate of increase may not be apparent in the long term, with the gradually reduce the tariffs to zero, does not rule out the Association of Southeast Asian Nations to replace South Korea as China's largest steel exporter possibilities.
The Wuhan Iron and Steel both insiders and Belarus, said Fangchenggang start is imperative.
Section wins but had said the reason for resumption of Baosteel Zhanjiang project, with the elimination of backward production capacity in Guangdong Province degree, whereas the Guangxi is relatively slow. The insiders admit, out behind the poor, indeed pressure Fangchenggang project.
In addition, Baosteel Zhanjiang project with Wuhan Iron and Steel Fangchenggang project, will start also popular question. Economic experts told a reporter metallurgical expressed these two projects while building frustration, "Baosteel and Wuhan Iron and Steel with the central level, with the Guangdong and Guangxi to build a million tons of plate production base, and the difference less than 200 km the face of the market are Southeast Asia, is the hinterland behind the southwest, is also produced by marine board. This idea is not economical. "
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