Moved to grant Shougang steel production capacity is expected to clear away obstacles to restructuring

 Stop route through the relocation of Shougang, Shougang Steel project is expected to officially move among the ranks of legal capacity, ending nearly seven years

1 on 10, moving the media quoted the words of a person in charge of steel, said steel production capacity to move has been approved recently, but Shougang shares in the company clearly will move into the steel assets.

Analysts said that if the move to get approval of steel, Baosteel and Wuhan Iron and Steel Fangchenggang Zhanjiang equivalent replacement project depends on the speed of production capacity out how to, and capacity front-load a lot of money and manpower, if eliminated, losing a lot, to solve these problems will take time.

steel production capacity to move or get rid of black households

Shougang shares as a major asset restructuring process may have been lifted in most of its problems.

1 on 10, moving the media quoted as saying the person in charge of steel, steel production capacity to move has been approved recently, but

to Shougang to move the hot-rolled steel items has been intertwined, 2160mm and 1580mm of its two plate production line. It is reported that in the last century 90's, Shougang Group began operation of the project. October 2004, However, although the Shougang steel project launched earlier move, but nothing to get the State Development and Reform Commission,

Song Jijun, vice president of that country in 2005 to tighten the steel policy, the basic no new projects approved, which means that steel production capacity and to move without government approval.



Lange Iron and Steel Research Center, Xu Li, an analyst said that if the project can be approved by Development and Reform Commission, above all, Shougang has been out of the production capacity, equivalent replacement, part has been discontinued, this is an important prerequisite for Development and Reform Commission approved one of the conditions.

, however, are in shutdown, suspension, removal, and many other

assets is expected to move into the Shougang Steel shares

Shougang shares continue suspension of its major assets is still uncertain how to implement the restructuring.

Shougang shares in the bulletin said, because the company is planning a major asset reorganization, the stock has been since October 29, 2010 from the suspension, in-depth communication, negotiation. As of press time, involving the reorganization plan has not yet announced, asset valuation, replacement method, share price and other issues is still not clear. However, the



Xu Li said, according to previous announcement of view, is through the injection of assets to make up for the loss of investors, then the injection and removal of assets must be quite the asset value of the loss, but also to a certain profitability,

profitability is good.

news China's iron ore loading and unloading capacity of a serious shortage of

each from Beijing by reporter Li Zhuo

excess port capacity on behalf of China. to speed up port construction as the main body, in particular, the overall loading and unloading of iron ore in China there is a serious shortage of capacity.

will reach 1:1.1.

Yin Chen explained, on the one hand, the current container port capacity is indeed a partial surplus, reflected in the Pearl River Delta region in particular; on the other hand, crude oil unloading berth has been the overall surplus. Correspondingly, the current overall loading and unloading of iron ore in China there is a serious shortage of capacity. Ministry of Water Science, Institute of Development Research Center of Water Dr. Jia Dashan also said that the handling capacity of coastal ports in China has been the adaptability of that is mainly on the large iron ore unloading.

Yin Chen said the data show that by 2015, China's pig iron production will reach 600 million tons, the total demand for finished products of iron ore and 9.4 million tons; domestic iron ore production of 10 million tons, equivalent yield of finished products was 3.8 million tons of iron ore, the demand gap of 5.6 million tons, will mainly rely on foreign imports. stone loading and unloading capacity (including 10 million tons general cargo capacity) to reach 3.2 million tons, expected by 2015, with the currently approved Rizhao Port, Zhanjiang Port, Green Island iron ore terminal in Hong Kong completed, the total unloading capacity will reach 400 million tons or more, such as Yantai, Zhoushan and other regions continue to declare iron ore terminal, it may reach 5 million tons of loading and unloading capacity, but still can not meet the demand for seaborne imports of foreign trade.