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Steel Butterfly
What are some of the saddest movies you've ever seen. I mean did you really mourn.
for me some of the films that made me mourn when Pearl Harbor Armageddon Saving pvt Ryan glory Braveheart "Vanilla Sky" champion "of the city of angels troy think that's all for me. I've heard that movies like Requiem for a dream, the notebook, a walk to remember, The English Patient, effect butterfly, beaches, steel magnolias, my life. are movies that make you mourn but I have never seen them so cannot really include on my list.
Steel Magnolias – that makes me cry like the first time I saw him all the time. Beaches Braveheart Dying young is a very good agree. Rainman Sophie's Choice "Out of Africa Bridges of Madison
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Shandong steel plate reorganization was to "Butterfly Effect"
When two evenly matched, battling each of the 10 million tonnes iron and steel in joint ventures, the ability almost equal to China's iron and leader of the steel industry – Baosteel, the domestic steel sector will not make the light of this unit to pick up the strength of steel. SASAC of Shandong province has officially announced by the Jinan Iron and Steel Group Corporation and Laiwu Iron and Steel Group Co., Ltd., Shandong Iron and Steel to form holding companies, and basically complete the formation of the time scheduled for late October this year, before. This is the first since the case of China to restructure the steel industry, the entire steel industry will bring a "butterfly effect."
Jinan Steel and Laiwu Steel Joint Reorganization "steel aircraft carrier
Resources in the northern Chinese province of Shandong, is also a well-developed provinces in heavy and chemical industries, steel, coal, petrochemical and other industries to support the office of GDP, has improved rapidly. After a long accumulation of development, these resources based on the rapid growth of large enterprises in Shandong, on the economic map of the scene "of these groups as" Pentium scenes movement. Following the "Tenth Five-Year" period to maintain an average annual growth rate of 13.2%, after the first half of the product local GDP for the first time in Shandong exceeded one trillion yuan, up 15.3%. Among them, the size of industrial value added of the province of more than 5.315 million billion yuan, up 25.4%.
"Tenth Five-Year" period, Shandong Iron and steel industry has also developed rapidly. In 2005 the iron in the province of pigs, crude steel production of 32.11 million tonnes, respectively, 31.83 million tons, 30.08 million tons, respectively, place at number 2,3,4, representing 9.7% of national product, 9.1%, 8.1%. Among them, Jinan Steel, Laiwu Steel production of crude steel 10.43 million tonnes respectively, 10.34 million tonnes, with the breakdown of the nation's first 7, 8. Jinan Steel, Laiwu Steel, steel company Zhangdian, Qingdao Iron and Steel Holding Group Co., Ltd., Shandong Jinling Iron ore and other key iron and steel companies to sales income of 94.4 billion yuan, profits of 7.55 billion yuan, profit of 3.85 billion.
Since last year, for the state's policies of macroeconomic control and the impact of the iron and steel, capacity expansion, China's iron and steel industry has entered a new era of competition and adjustment period, a wave of mergers and reorganization takes place in full swing. During the Baosteel and Jinan Steel has access to a maximum of one year, while the multinational giant Arcelor Steel and Laiwu Steel have also made progress in cooperation. But these are not preventing the province, two brothers and ultimately move toward a reorganization joint after Baosteel to become China's second largest iron and steel enterprises.
According to the SASAC introduction Shandong province, province Shandong, according to "the company" Provisions Act for the formation of Shandong Iron and Steel Holdings. Holdings board of directors to establish, supervisors and managers in layers, but no general meeting of shareholders, the SASAC Provincial Meeting of shareholders of the mandate. Jinan Iron and Steel Group, Laiwu Steel Group and other companies for its wholly-owned subsidiary, to retain independent legal person status. Change the dominance of the legal person of the company, no business interests adversely affecting the legitimate rights and interests are protected. In the formation of state-owned steel holding company, will be through the introduction strategic investors, etc, will be the restructuring of the steel holding company for the absolute control of the limited liability company owned. At the same time, through the elimination of backward production capacity, realization of sunshine the early construction of steel projects of great size. According to industry revealed that the two sides even after the reorganization in the coastal city of Rizhao to build a proposed 10 million tonne steel, the project has actually been operating for many years.
Difficulty of re-integration of smaller but still need runtime
Jinan Steel and Laiwu Steel restructuring has many favorable conditions, there is no easy doubtful "Liang Zhangpi" phenomenon, but the atmosphere soft integration a bit more difficult.
First, the two company's products are highly complementary, and difficult to relatively small reorganization. Jinan Iron and Steel plate material in order to reproduce the main products, while China Laiwu Steel is currently the largest and most complete range base H-section steel production, the two sides in the main product has a strong complementary strengths. Moreover, the two companies are typical development business of circular economy, the energy saving work of leading the country. Among them, Laiwu Steel tons of steel consumption is only 3.75 meters cubic freshwater, reached the international advanced level.
Secondly, the two companies also belong to the steward, coordinate efforts more. Jinan Steel, Laiwu Steel state-owned holding company and is a listed company. SASAC of Shandong province in the intensity of ownership of Assets Supervision and large, full support of Government.
Thirdly, the two companies have their own independent operational framework, the business model's long-standing habits of production and the structures internal governance and different. Jinan Iron and Steel is an old mill, Laiwu Steel younger. Of the leaders in the production and marketing, should have a long term period of transition. In particular, personal arrangements, ranging from leadership to the staff are very important. The hard part is that it is soft, management of the company.
Fourth, Jinan Steel and Laiwu Steel merger also involves the acquisition of Arcelor, France 38.41% stake Laiwu steel in question, though but the industry believes that the acquisition of the Laiwu Steel Arcelor no impact on the merger, but the place the merger of Arcelor Mittal, after the impact remains to be seen.
The main responsibility of the named constants, Jinan Steel and Laiwu Steel executives have been signed with the provincial SASAC 2006 performance evaluation letters of responsibility, we are still implementing, any affiliation with a different part of the list, as the province of Laiwu Steel is part of the SASAC, while Jinan Iron and Steel in terms of staff have no relations with the city of Jinan Cruz. The so-called property rights refers to two companies have in the operation of listed companies, shareholders equity will not be compromised. At present, mainly based on the integration of assets.
Shandong Iron and Steel reorganization will lead to "butterfly effect"
"China Iron and Steel Industry Development Policy "to promote the implementation of the steel industry, merger, reorganization, has a comparative advantage to expand the backbone of the scale of enterprise groups, improve industrial concentration. In 2010, the number of iron and steel smelting enterprises should be reduced more substantial among the 10 households steel company, the country's steel production to total production ratio of more than 50%. In the eastern China, the potential of the steel market, but the design is too dense iron and steel enterprises in the region has a comparative advantage in the spine to companies Large-scale organizational structure and product structure adjustment, improve the concentration of production and international competitiveness. Jinan Steel and Laiwu fusion Steel in full compliance with state policies for industrial development.
Analysts believe that the formation of large groups of Shandong Iron and Steel will be promoted China's steel industry to improve the degree of concentration will facilitate restructuring in the steel industry. Academy of Social Sciences Institute of Economics, Shandong Province, Zhang Weiguo, director of the opinion that the restructuring of Jinan Iron and Steel and Laiwu Steel combination will enable China steel industry three industry concentration significantly improved first four, thus becoming China's steel industry, a sign of improved competitiveness. The incident with the butterfly effect. "Shandong Iron and Steel Group, the formation of large, small, scattered about the status long-quo of China's steel companies have a positive influence to further improve the degree of industrial concentration is conducive to negotiations in international iron ore to improve China's steel industry "voice."
As we all know, the biggest importer of iron ore world China and steel firms are difficult to obtain the negotiating table, "the right to speak." This year, China's iron and steel companies continued passive last year, once again forced to accept price increases completed by others. This is mainly exposed the iron and steel is great, but not has the strength of my weakness.
In 2006, iron and steel industry the situation remains grim development. The global rise in raw material and energy costs continue to be the global steel industry, a major challenge. The domestic market of excess steel production capacity to gradually increase pressure, as in previous years, the formation of a large number of investments in fixed assets in the release of production capacity of steel production capacity expected to reach 450 million tons -5 million tonnes, said Moore. Jinan Steel and Laiwu to a certain degree of integration will change the steel industry in China, small scattered state, there is duplication of projects and help solve the longstanding problem of excessively high energy consumption per unit of output. The emergence of large groups of Shandong Iron and Steel will also be in China's mining industry, industrial raw materials, transportation and equipment manufacturing, etc have a positive impact on downstream industries, so that clusters of related industries to speed up the process considerably. Meanwhile, integration is conducive to optimizing the design optimization of state-owned assets, improve the added value of state-owned assets should be preserved, highlighting core competitiveness, and make plates merit-based Qilu steel. About the Author
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