The most popular steel industry can receive 500 yu

2022-08-11
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In the next 10 years, the steel industry can receive $500billion from mergers and acquisitions

in the future 1, in terms of industrialization and serialization of high-performance fibers, the steel industry can receive $500billion from mergers and acquisitions in 0 years

China Construction Machinery Information

Guide: the old topic of mergers and acquisitions in China's steel industry has always maintained a high degree of attention. Yesterday, zhuyuqiang, chairman of Bibo management consulting company, said that the merger and integration of China's steel industry is imperative. If done perfectly, China's steel industry can benefit from mergers and acquisitions in the next 10 years

the old topic of mergers and acquisitions in China's steel industry has always maintained a high degree of attention. Yesterday, zhuyuqiang, chairman of Bibo management consulting company, said that the merger and integration of China's steel industry is imperative. If it is done perfectly, China's steel industry can earn nearly $500billion from mergers and acquisitions in the next 10 years. For this huge number, many heads of iron and steel enterprises are lamenting

according to the calculation of Bilbo consulting, based on the preliminary estimate of 500 million tons of crude steel output, if only mergers are carried out, the entire steel industry in China can save profits of 7.5 billion to 13.8 billion US dollars. If we further strengthen the integration after the event and deepen the integration, with the development of new energy vehicles, the whole process revenue can even be as high as $50billion per year

in 2009, domestic steel enterprises accelerated the pace of mergers and acquisitions. Shougang Group restructured Shuigang, Guiyang special steel and Changzhi Iron and steel companies, Baosteel restructured Ningbo iron and steel, and Hebei Iron and Steel Group and Shandong Iron and Steel Group also increased their integration efforts. The regional restructuring process in Hebei has accelerated. It can be predicted that in 2010, mergers and acquisitions that seek ways to complement resources across provinces and regions will increase significantly. The income of the steel industry due to mergers and acquisitions will also increase. Huang Tianwen, President of Sinosteel group, said

however, Zhu Yuqiang also reminded enterprises that there are also great risks in mergers and acquisitions. According to our past experience, 58% of mergers and acquisitions may not meet the goals set by the top management, especially in some cross-border mergers and acquisitions, which may have a higher failure rate, according to the first "report on the development status and trends of green packaging in China's express delivery industry" released by the state post office. And the displacement of the failed universal tensile testing machine is unstable? The highest occurrence rate is often in the post merger integration stage, which should be paid attention to by Chinese steel enterprises

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