Shaanxi will establish Shaanxi Iron and Steel Group to promote resource integration and industrial upgrading
According to the report of the Xi'an Evening News on the 12th, the reporter learned from the Shaanxi Provincial Development and Reform Commission yesterday that Shaanxi Province will form Shaanxi Iron and Steel Group based on the integration of resources of Hansteel and Lianyuan Steel and the internal restructuring of Longsteel to increase the competitiveness of the steel industry and advance the province’s steel. Industrial resource integration and industrial upgrading.
According to the "Shaanxi Provincial Iron and Steel Industry Adjustment and Revitalization Planning Implementation Plan" approved by the Shaanxi Provincial Government's eighth executive meeting, the Shaanxi steel industry will focus on eliminating backward production capacity and strengthening resource integration, relying on imported mineral resources to introduce strategic investors, and increase The merger and reorganization of existing enterprises will be carried out to form scale production capacity as soon as possible. The province will establish Shaanxi Iron and Steel Group on the basis of resource integration of Hanzhong Iron & Steel (Group) Co., Ltd. and Shaanxi Lueyang Iron & Steel Co., Ltd. and internal restructuring of Shaanxi Longmen Iron & Steel (Group) Co., Ltd. While consolidating and reorganizing, the three households increased their efforts in technological transformation, realizing large-scale equipment and accelerating their advancement toward large steel companies.
At present, the Provincial Development and Reform Commission is coordinating relevant departments to speed up the preparatory work of the Longgang Group's iron and steel system optimization technical transformation project, start the construction of two 1280 cubic meter blast furnace projects as soon as possible, and complete the task of eliminating backward production capacity. At the same time, on how to speed up the advancement of technological transformation and industrial upgrading of Hanzhong Iron and Steel with the relevant government departments and related enterprises in Hanzhong City, Hankang Steel strives to eliminate backward production capacity and technological transformation projects in mid-June.
Recently, the Shaanxi Provincial Development and Reform Commission will conduct research with the relevant parties of Hanzhong City to Longgang Group, linking up with the overall plan for technological transformation and creating conditions for the formation of the Shaanxi Iron and Steel Group.