new miracle of China's steel

• source：JUNNAN
• author：JUNNAN
• date： 2016-09-26

An annual capacity of 60 million tons "god steel in China" was born, steel restructuring are braced for a century. On September 19, baosteel's controlling shareholder, baosteel group and wuhan iron stake of the controlling shareholder of wisco group joint restructuring has won approval from the state-owned assets supervision and administration commission of the state council, which has been submitted to the state council. Baosteel group tentatively will be renamed "China bao wu iron and steel group co., LTD.",baosteel group equity will transfer wealth, free of charge. After the completion of the reorganization, baosteel,will become the controlling shareholder of wisco group.


 
Unlike past steel companies mergers and acquisitions in the form of m&a is not big eat small, but a combination of two large steel mills. National plans to 2025, the top 10 steel mills crude steel production accounted for not less than 60% across the country.


 
Baosteel zhanjiang project with wisco fangcheng port projects are located in beibu gulf region, here has a natural harbor, in the aspect of imported iron ore and steel transportation has a lot of cost advantage, and is adjacent to east Asia, southeast Asia, South Asia three big emerging markets, is considered to be the Asian coastline and the geographical centre of population distribution, market potential is very huge. Southeast Asia the beibu gulf region baosteel management has revealed that the future will have more than 80 million tons of steel production capacity, this could become a new global iron and steel center.


 
Just like  "god steel in China", embracing the superior resources, solid strength, Tangshan Junnan Trade co., ltd. has established a long-term stable cooperative relationship with hebei jinxi iron 、hebei iron 、shandong rizhao iron、 tangshan  tianzhuin ironand so on, customers all over the world, including Vietnam, South Korea, Thailand, myanmar and other southeast Asian markets, as well as Jordan, dubai, Kuwait, Saudi Arabia and other Middle East market.
 
With first-class quality, professional service, Junnan Trade trade of establishing a good reputation in The industry, also won The general customers The support and trust, in order to let more overseas customers understand Junnan Trade enjoy The professional service and quality products, our company will be in November 21-24, 2016 participated in The Middle East in dubai influential and is The largest building, building materials and service class, The BIG five Exhibition, The Exhibition booth number is Ar C210, hope that more customers can into The Exhibition, approached Junnan Trade, your trust is our biggest encouragement!