Hebei iron and steel restructuring of small and medium-sized steel mills facing "ShengSiGuan"
Recently, hebei province people's government promulgated the about control of steel production capacity of the people's government of hebei province to promote energy conservation and emissions reduction to speed up the iron and steel industry structure adjustment of the implementation opinions ", clear the future to cultivate three to five strong strength and competitive advantage of large iron and steel enterprises group obviously, by the end of the "twelfth five-year", the province is capable of smelting iron and steel enterprise (group) from the current 88 reduced to 10 or so.
"Daily economic news" reporters learned that in the market environment deteriorating and policy panzerfaust increased under double pressures, within a large number of small and medium-sized steel mills facing survival test in hebei province. For merger and reorganization in create a form of "host", although more easily accepted by the private iron and steel enterprises, but still substantial restructuring in the future.
Not all steelmakers to takeover
Publicly reported that hebei to several candidates as the body of the merger and reorganization, in addition to the iron and steel group, hebei province, tangshan bohai iron and steel group, tangshan, the Great Wall new wuan iron and steel group, hebei iron and steel group, hebei west, tianjin iron and steel co., LTD., hebei iron and steel group co., LTD., are in the list.
If contract well, forever in the iron and steel will become the hebei iron and steel group in hebei integration in the province one of the first private steel enterprises. "Since the iron and steel scale small, always escape the fate of the merger and reorganization, rather than at the end of the passive choice, take the initiative to choose a better one. 'husband's family." For the iron and steel chairman Du Qingshen previously accepted the media interview.
At present, the steel industry is in small profit era, the profit margins are falling sharply, and governments at all levels to increase efforts to adjustment and merger and reorganization of the steel industry, including private steel enterprises, small and medium-sized steel mill is bound to find a way.
"Mergers and reorganization must be conducted in line with the principle of voluntary equality, for legal but not suitable for restructuring enterprises with what to turn off? So 'takeover or out of the iron and steel industry inaccurate expression." Hebei metallurgical industry association deputy secretary-general zhang hammer told reporters that now only has a clear policy guidance document, specific work, has been conducted on the influence of the small and medium-sized steel mills in the province hasn't been fully embody. "Small and medium-sized steel mills will not killed by a stick, the government must for small and medium-sized steel mills made considering how to put."
According to the documents referred to in the established goals, hebei most of the living space in the small and medium-sized steel mills will become narrow. "And who has been a big steel mills coveted characteristics compared to steel mills, and its advantage is not obvious in small and medium-sized enterprises to make fate will more 'tragedy'." Tangshan steel companies, he says.
"Hosting management" leave hidden trouble
At present, the integration of hebei iron and steel group, the private steel enterprises mainly adopt "by management" model for integration of hebei iron and steel will be output to the restructuring of object technology, management, object was collected to hebei iron and steel group to pay a certain fee.
Due to realize joint restructuring is a trend, the mild form of restructuring is more easily accepted by private steel enterprises. "In merger and acquisition (m&a) private enterprises in hebei province, the comparative value of merger and reorganization equipment level." Kong Ping hebei iron and steel group, deputy general manager, said the restructuring targets of equipment must not on the list of backward production capacity.
Lange steel iron and steel research center, said a., a researcher by mergers and acquisitions of small and medium-sized steel mills due to cost control is better than large state-owned enterprises, the profit space still exist, so the small and medium steel companies involved in restructuring is passive, the entrusted management mode is a kind of innovation. This way for the late restructuring established a transitional period, with the first can work together with technical team, sales and management, the late integration of human resources eventually restructuring.
In addition, the restructuring model is unlikely to achieve substantial consolidation effect. "If both sides no clear relationship, once the market climate or policy environment change, hard to avoid a dispute." Lange steel research center director Hou Zhiyun said, in order to achieve substantial restructuring, the key is to solve the problem of equity.