Next year, the steel industry merger and reorganization will be added on the 26th. The Minister of Industry and Information Technology, Miao Wei, said at the national industrial and informatization work conference that in 2012, the implementation plan for mergers and acquisitions of key industries such as steel, automobiles and cement will be introduced. Miao Wei pointed out that in 2012, the Ministry of Industry and Information Technology will take mergers and acquisitions as the focus of the year's breakthrough efforts, continue to promote mergers and acquisitions of key industries and cross-regional enterprises, and introduce implementation plans for mergers and acquisitions of key industries such as steel, automobiles and cement to promote improvement. The policy system for mergers and acquisitions of enterprises. On this 26th, Ma Zhongpu, chief analyst of China Business Network, told the China Economic Times reporter: "The three major factors of rising iron ore, coal and oil prices have caused China's downstream processing enterprises to increase the cost pressure of several hundred billion yuan each year. Iron and steel enterprises are all operating at a low profit. Therefore, it is imperative to increase the merger and reorganization of the steel industry. Relevant data show that China imported 622 million tons of iron ore in the first 11 months of 2011, and the average import price was 166.2 US dollars per ton. It rose by 30.8% year-on-year. In fact, the average landed price of imported iron ore in China in September this year was $175.92/ton, exceeding the highest level in history. According to the China Iron and Steel Association, the steel producers included in the statistics in the first half of 2011 realized a profit of 56.374 billion yuan, an increase of less than 6 billion yuan over the previous year. The sales profit margin in the first half of 2011 was only 3.14%. Ma & P said: "In 2012, mergers and acquisitions work in the steel industry mergers and acquisitions more urgent, after all, the profits of the steel industry is really very thin, very difficult industry, mergers and acquisitions may be the only way to break the impasse." Emission reduction Mission: The sword of Damocles? In addition to the work of mergers and acquisitions, the steel industry's emission reduction tasks cannot be ignored in 2012. On the 21st, the National Environmental Protection Work Conference clearly stated that the task of China's pollution reduction in 2012 has been determined: compared with 2011, sulfur dioxide and chemical oxygen demand emissions are reduced by 2%, ammonia nitrogen emissions by 1.5%, and nitrogen oxides. The emissions have increased by zero. Ma Zhongpu said: "If the steel industry wants to have a reasonable return on operating efficiency, it must pay attention to energy conservation and emission reduction. In the long run, energy conservation and emission reduction is a must for enterprises to achieve sustainable development." For the 2012 steel price trend, " According to the 2012 industry report of my steel network, overall, the average price of steel will move down by 5% next year, and steel prices will be lower and higher. The overall level is lower than that of 2011. “The task of reducing emissions in 2012 is very difficult. The steel industry is particularly serious. Those steel companies that do not pay attention to energy conservation and emission reduction tasks will certainly suffer from this loss, which will endanger the profitability of enterprises and even affect the life and death of enterprises.†Ma Zhongpu Point out.
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