China Iron and Steel Industry Association, held for the third time in 2015 information conference news, period of 45 steel industry development goals lock: capacity to resolve excess, large structural reorganization, to curb the disorderly competition in the industry, increase product innovation, to promote the development of green, and encourage enterprises to go out.
What is worth mentioning is that the eighteenth session of the fifth plenary session will be held in October, then the research on the development of a thirteenth five year plan is proposed, which traditional industry how to transition, emerging industries and how to develop, will undoubtedly is being prepared for the planning of the main content. While the iron and steel industry as a typical representative of the traditional industry, the transformation is inevitable.
Everbright Securities believes that from the perspective of more than 2 months, completely out of the iron and steel industry capacity the plight of didn't get fundamental improvement; on the fundamentals of the iron and steel industry cautious, but on plate configuration is bullish, the main logic is in the downturn in the industry as a whole, many of the company's transformation, a lot of business model would make the transition.
For the steel industry, how to break through, all ministries and industry are looking for countermeasures. A series of recent policy, such as "iron and steel industry transition development action plan (2015 ~ 2017)", "iron and steel industry development planning (2016 ~ 2020), and nonferrous metal industry" 45 "planning compilation will reform transformation provides important guidance.
Analysts pointed out that with the industry 45 planning gradually surfaced, the iron and steel industry as a typical representative of the traditional industry transition upgrade high-profile. From the point of view of the goals of the development of 45 steel industry, mergers and acquisitions, go out is the key word, restructuring and reform will also be invariant in the future for a period of time the steel industry's theme.