Hangang benefit from cooperation

The end of December 2005, the national development and reform commission approval "hangang structure optimization" master plan of industrial upgrading, Hot Expanded welded spiral steel tube agreed to invest in hangang factory in western new 4.6 million tons of high-quality goods plank base. Two years later, steel mills leading conveniently northward, baosteel group in May 2007 with the plant to equity joint venture founded the han bao steel co., LTD.

According to media reports, baosteel had calculated that by holding hangang, gradually infiltrated the hebei market, in order to improve its strategic north. However, as the hebei iron and steel group, short radius 90 degree elbow "was born," baosteel group had to choose to let it go: in 2009, hangang group purchase hold 50% stake in bao steel, baosteel baosteel withdraw han treasure company.

Four years later, baosteel and hangang this brief cooperation, still let is hebei iron and steel group managing director and tangshan chairman yu yong from crying. "When I was in tangshan, astm a234 seamless carbon steel tee special envy hansteel with baosteel, the cooperation of the two enterprises achieved a place baosteel really first-class enterprise platform." Yu yong said.
Now, he said, from the plant, design, equipment planning, in the industry is very competitive, but without the intervention of baosteel, hangang this standard is built not the west, west "if baosteel was not out of the plant will be more competitive than now".

At present, the plant is the most competitive part of hebei iron and steel group, well-equipped, the craft is copy not only reasonable, galvanized steel pipe manufacturers china the product is higher, also is the group in areas of high profitability. Though sluggish iron and steel industry, hangang 5 million tons of projects still remain profitable on the west, the current profitability of per ton steel in 300 yuan.

For the collaboration with hangang, Mr Xu is not too much. "Everyone in exploring how to walk, as to how to restructure, no one can open a prescription, most of the time also is in the trial and error."

He said that the cooperation of the two is a process, this process does not mean baosteel and hangang so walking is successful, the enterprises have to environment, don't think it is good to join the baosteel, because under sasac tube, might as well in hebei province sasac tube well, because it's too big ".