【機(jī)械類畢業(yè)論文中英文對(duì)照文獻(xiàn)翻譯】2008年中國(guó)鋼鐵行業(yè)發(fā)展研究分析【word英文1958字5頁(yè)word中文翻譯3262字5頁(yè)】
【機(jī)械類畢業(yè)論文中英文對(duì)照文獻(xiàn)翻譯】2008年中國(guó)鋼鐵行業(yè)發(fā)展研究分析【word英文1958字5頁(yè)word中文翻譯3262字5頁(yè)】,機(jī)械類畢業(yè)論文中英文對(duì)照文獻(xiàn)翻譯,word英文1958字5頁(yè),word中文翻譯3262字5頁(yè),機(jī)械類,畢業(yè)論文,中英文,對(duì)照,對(duì)比,比照,文獻(xiàn),翻譯,年中,鋼鐵行業(yè),發(fā)展,研究,鉆研,分析,word,英文
2008年中國(guó)鋼鐵行業(yè)發(fā)展研究分析1 。 The Status quo in China s steel industry中國(guó)的鋼鐵工業(yè)的現(xiàn)狀概括As biggest producer and consumer of steel, China showcased its importance on world stage.作為最大的鋼鐵生產(chǎn)國(guó)和消費(fèi)國(guó),中國(guó)展示了她在世界舞臺(tái)上的重要性。 多年來(lái),China s steel industry has put both feet on the accelerator in revamping technology and investment in new projects as facing great demand from market over years.中國(guó)的鋼鐵行業(yè)雙邊的加速器改造技術(shù)和投資的新項(xiàng)目已經(jīng)擁有了巨大的需求市場(chǎng)。 Part of equipments and product quality has reached world level followed fast growth in productivity which enhanced the reputation of China s steel industry internationally speaking.部分設(shè)備和產(chǎn)品質(zhì)量已達(dá)到世界水平,快速增長(zhǎng)的勞動(dòng)生產(chǎn)率的提高了她的聲譽(yù),使得中國(guó)鋼鐵工業(yè)在國(guó)際上有了發(fā)言權(quán)。 中國(guó)的鋼鐵生產(chǎn)能力,There has been a steady growth in China s steel producing capability.一直在穩(wěn)步增長(zhǎng)。 The fixed asset investment in 2005 has increased by 27%.固定資產(chǎn)投資在2005年增加了27 。 At the same time, the products mix has been improved further with high-added value products appeared on the market.與此同時(shí),產(chǎn)品結(jié)構(gòu)進(jìn)一步改善使高附加值產(chǎn)品出現(xiàn)在市場(chǎng)上。 The output of longs steel within total number has been plummeting to 52% while steel sheet up to 39%.輸出的多頭鋼總數(shù)內(nèi)已下降至52 ,而鋼板高達(dá)39 。 大Scale of steel company has witnessed a growth.規(guī)模的鋼鐵公司出現(xiàn)了增長(zhǎng)。 China s crude steel output has reached to 308,437,800 tons growing 18.45% in the third quarter of 2006 and steel output has reached to 339,034,900 tons up 23.66%.中國(guó)的粗鋼產(chǎn)量已達(dá)三萬(wàn)零八百四十三點(diǎn)七八萬(wàn)噸增長(zhǎng)18.45 ,在2006年第三季度和鋼產(chǎn)量已達(dá)到三萬(wàn)三千九百零三點(diǎn)四九零萬(wàn)噸,同比上升了23.66 。 1月至9月份,來(lái)自國(guó)際市場(chǎng)的的需求Increasing demand from international market between January and September has put momentum to export, which is the core factor behind growth in steel production.日益增的加出口勢(shì)頭,這是鋼產(chǎn)量的增長(zhǎng)的核心因素。 On the other hand, structure upgrading cross-the-board will failed under the trend of excessive productivity if high production is overlapped upon obsolete model of business.另一方面,結(jié)構(gòu)升級(jí)將使根據(jù)過(guò)時(shí)的重疊模型的業(yè)務(wù)而過(guò)度生產(chǎn)率高的生產(chǎn)將走向失敗趨勢(shì)。2005年,Though China s steel production has been increasing, the over-surging production and systematic problem in export and import have triggered skyrocketing inventory of steel billet and steel with sliding price while the price of magnetite iron ore and dust stood stubbornly still which keeps production cost growing to 15% in 2005.雖然中國(guó)的鋼產(chǎn)量一直在增加,但是過(guò)度上漲的生產(chǎn)和系統(tǒng)的問(wèn)題,引發(fā)暴漲庫(kù)存鋼坯和鋼材價(jià)格的下滑,然而磁鐵礦鐵礦石和灰塵的價(jià)格仍然頑保持不變,這使生產(chǎn)成本增長(zhǎng)15 ,造成企業(yè) The profitability has been lowering.的盈利能力降低。 In 2006, the change has shown in returning price of steel and production cost kept high. 2006年的變化已經(jīng)表明,回收的鋼材價(jià)格和生產(chǎn)成本還一直很高。 There is low density in China s steel industry and low quality in products.在中國(guó)的鋼鐵業(yè)和低質(zhì)量的產(chǎn)品都是低密度存在的。 From 2005, industry tends to be centralized with 10 million tons of annual output and production companies being 8 from 2 in 2004.從2005年開(kāi)始,很多行業(yè)往往是集中了10萬(wàn)噸的年產(chǎn)量,在2004年生產(chǎn)企業(yè)的數(shù)目正在以2到8個(gè)百分點(diǎn)增加。 There were 18 companies with steel production above 500 tons sharing 46.36% in crude steel market.有18家公司的鋼產(chǎn)量超過(guò)500噸分享46.36 的粗鋼市場(chǎng)。 On world stage, number of big steel producers such as America , Japan , Korea and Russia have shared 60 to 80% of their own markets.在世界舞臺(tái)上,一些大鋼鐵生產(chǎn)商,如美國(guó),日本,韓國(guó)和俄羅斯有共同的60至80 的本國(guó)市場(chǎng)。 In that sense, the density within China s steel industry needs to gear up as to bring competition into order.從這個(gè)意義上講,增加密度是中國(guó)的鋼鐵行業(yè)的需要作好準(zhǔn)備的工作,以維持競(jìng)爭(zhēng)的秩序正常。 We found that there supposed to be a trend of density with host of big steel companies emerged.我們發(fā)現(xiàn),東道國(guó)的大鋼鐵公司出現(xiàn)了的這種趨勢(shì),Therefore, the scale of M&A in years to come will be larger.因此,大規(guī)模的并購(gòu)在未來(lái)幾年將會(huì)出現(xiàn)的更大。 On the other hand, the innovation in China s steel industry has been sharpened.另一方面,中國(guó)的鋼鐵行業(yè)已經(jīng)開(kāi)始激化創(chuàng)新。 Take Baosteel for instance, proprietary research of high-grade auto steel sheet has left a strong record with 193 types in this product.以寶鋼為例,專有研究高檔汽車鋼板的193種產(chǎn)品,留下了一個(gè)強(qiáng)大的記錄。 It will help drive up nationalization of steel sheet in China s automobile industry.這將有助于推動(dòng)國(guó)有化鋼板在中國(guó)的汽車產(chǎn)業(yè)的普及使用。在1780, Ansteel has successfully developed a major broadband line for Cold-rolled steel in 1780mm which embodies current level of equipment production and skills.鞍鋼成功地開(kāi)發(fā)了一種重要的寬帶線冷軋鋼板,體現(xiàn)了設(shè)備的生產(chǎn)水平和生產(chǎn)技能。 In addition, the tremendous contribution has been made to put brand new products and deal with environmental protection.此外,在全新的產(chǎn)品和處理保護(hù)環(huán)境的問(wèn)題上也取得很大的成績(jī)。As China s steel industry forging on, it will run along the frontier in this sector.作為中國(guó)的鋼鐵業(yè)先驅(qū),它將繼續(xù)在這一領(lǐng)域前沿領(lǐng)跑。 2. 2 。 M&A motives in China s steel indus在中國(guó)的鋼鐵工業(yè)并購(gòu)動(dòng)機(jī)2005年4月20日,國(guó)務(wù)院通過(guò)了關(guān)于發(fā)展對(duì)中國(guó)鋼鐵行業(yè)The guideline named the Policy of Development in Steel Industry for China s steel industry was passed in State Council on April 20, 2005.的方針政策。 It aims at boosting competitiveness cross-the-board and delivering physically sound way of development in this sector.它的目的是提高企業(yè)的自身競(jìng)爭(zhēng)力,并在這一部門(mén)提供健全的發(fā)展道路。 Technology upgrading and transformation into new business model as Guideline set out will be top the priority which casts the light on this industry and makes M&A frequent.技術(shù)升級(jí)將轉(zhuǎn)變成新的商業(yè)模式,作為準(zhǔn)則和規(guī)定使業(yè)內(nèi)人士?jī)?yōu)先考慮這一點(diǎn),使并購(gòu)頻繁。 M&A in steel industry has been going on left an amazing trail of successful cases in this sector two year from now.從現(xiàn)在起兩年,鋼鐵行業(yè)已經(jīng)持續(xù)了留下了一個(gè)驚人線索的成功案例。 Case study in steel industry 案例研究在鋼鐵行業(yè) Time 時(shí)間 Parties involved in M&A 參與并購(gòu) Case in brief 案例簡(jiǎn)介 Sep. 2004 2004年9月 Dalian Jinniu Co., Ltd., Beiman Special Steel Co., Ltd., Fushun Special Steel Co., Ltd.大連金牛股份有限公司,北滿特殊鋼股份有限公司,撫順特殊鋼有限公司 Dongbei Special Steel Group Co., Ltd was reorganized by the asset of former Liaoning Special Steel Group and well performed asset of Heilongjiang North Man Special Steel Group.東北特殊鋼集團(tuán)有限公司的資產(chǎn)重組前遼寧特鋼集團(tuán)和黑龍江省北滿特殊鋼集團(tuán)進(jìn)行資產(chǎn)合并。 Registered capital was RMB 3,644,171.5 with 6 wholly owned subsidiaries, 11 holding subsidiaries and one share-holding subsidiaries including two listed companies of Fushun Special Steel Co., Ltd. and Dalian Jinniu Co., Ltd.注冊(cè)資本為人民幣3,644,171. 5 6個(gè)全資子公司, 11個(gè)控股子公司和1個(gè)股份制子公司,包括兩間上市公司的撫順特殊鋼有限公司,大連金牛股份有限公司。 China Orient Asset Management Corporation (COAMC), China Huarong Asset Management Corp., and China CINDA Asset Management Corp. have share of 16.67%, 15.31% and 3.02%.中國(guó)東方資產(chǎn)管理公司( COAMC ) ,中國(guó)華融資產(chǎn)管理公司,中國(guó)信達(dá)資產(chǎn)管理公司擁有的份額16.67 , 15.31 和3.02 。 May, 2005 2005年5月 Shougang Group took share of Shuigang Group首鋼集團(tuán)在份額水鋼組 Shuigang Group is an important state-owned steel company in Southwest region with registered capital of RMB 1.98 billion. 水鋼集團(tuán)是一個(gè)重要的國(guó)有鋼鐵公司在西南地區(qū)的注冊(cè)資本為人民幣19.8億美元。 It enjoyed comprehensive protuction capability of annual output in 1.3 million tons of iron, 1.3 million tons of steel and 1.2 million of rolled steel.它享有全面產(chǎn)品生產(chǎn)能力年產(chǎn)130萬(wàn)噸鐵, 130萬(wàn)噸鋼材和1.2萬(wàn)美元的鋼材。 Guizhou State-Owned Asset Commission took hold of 40.66% of stock worth of RMB 805,000,000.貴州省國(guó)有資產(chǎn)委員會(huì)抓住了40.66 的股票價(jià)值人民幣八萬(wàn)零五百點(diǎn)零萬(wàn)。 According to Agreement, its RMB 684,300,000 sharing 34.56% of total stock of Shuigang Group will be given away to Shougang Group, which made Shougang Group the first share-holder.根據(jù)協(xié)定,其人民幣六萬(wàn)八千四百三十萬(wàn),交流34.56 的總存量的水鋼組將贈(zèng)送給首鋼集團(tuán),這使得首鋼集團(tuán)的第一股東。 Guizhou State-Owned Asset Commission took 6.1% of stock while others shared by China Cinda Asset Management Corp., China Huarong Asset Management Corp., and China Great Wall Asset Management Corp.貴州省國(guó)有資產(chǎn)委員會(huì)在6.1 的股票,而其他共享的中國(guó)信達(dá)資產(chǎn)管理公司,中國(guó)華融資產(chǎn)管理公司,中國(guó)長(zhǎng)城資產(chǎn)管理公司 Aug. 2005 2005年8月 Anshan Iron and Steel Group Corporation integrated with Benxi Iron & Steel (Group) Limited鞍山鋼鐵集團(tuán)公司與本溪鋼鐵(集團(tuán))有限公司 As the two biggest steel companies in Northeast China, Anshan Iron and Steel Group and Benxi Iron & Steel (Group) Limited have co-found Anben Steel Group which was announced in the ceremony in Shenyang.作為世界上兩個(gè)最大的鋼鐵公司在中國(guó)東北部,鞍山鋼鐵集團(tuán)和本溪鋼鐵(集團(tuán))有限公司共同發(fā)現(xiàn)鞍本鋼集團(tuán)宣布儀式在沈陽(yáng)。 The birth of Anben Steel Group was a big event in the history of China s steel industry development and a benchmark in rejuvenation of old industrial bases in Northeast.出生鞍本鋼鐵集團(tuán)是一個(gè)大事件的歷史上中國(guó)的鋼鐵工業(yè)的發(fā)展和一個(gè)基準(zhǔn),振興東北老工業(yè)基地。 The marriage between the two indicates the China s steel industry heralds in break-the-point stage and sustainable way of development.婚姻雙方表明了中國(guó)的鋼鐵業(yè)預(yù)示著在突破了點(diǎn)階段和可持續(xù)的發(fā)展道路。 Oct. 2005 2005年10月 Mittal Steel Co., MT took over HUNAN HUALING Steel Tubeand Wire Co.,LTD米塔爾鋼鐵公司,噸接管湖南華菱鋼鐵Tubeand有限公司 Mittal Steel Co., MT , as the biggest steel producer has hold 36.67% of stock of HUNAN HUALING Steel Tubeand Wire Co.,LTD with USD 0.338 billion.米塔爾鋼鐵公司,噸,作為最大的鋼鐵生產(chǎn)商已持有36.67 的股票的湖南華菱鋼鐵Tubeand線有限公司的3.38億美元。 This was the first case for foreign company taking over a China s listed company and largest transaction in A Stock.這是第一種情況下考慮對(duì)外國(guó)公司在中國(guó)的上市公司和最大的交易中顯示的股票。 Nov. 2005 2005年11月 Saint Gobain wholly acquired Xuzhou Steel&Iron General Factory圣戈班全收購(gòu)徐州鋼鐵總廠 Saint Gobain was ranked on 106 among Fortune 500 with 32 billion of annual sales.圣戈班的106位財(cái)富500強(qiáng)中有 32億美元的年銷售額。 Saint-Gobain ( Xuzhou ) Pipelines Co., Ltd was taken shapre after the acquisition over Xuzhou Steel&Iron General Factory.圣戈班(徐州)管道有限公司,采取殺價(jià)后的收購(gòu)徐州鋼鐵總廠。 USD 96 million was put in with registered capital of USD 59 million.美元九千六百點(diǎn)零萬(wàn)中被放在了與美元,注冊(cè)資本5900萬(wàn)美元。 It focused on production and sales on iron Pipeline and other related products along with iron, dust and their cut-offs while manufactured and installed industrial Furnaces and equipment.它側(cè)重于生產(chǎn)和銷售的鐵管和其他相關(guān)產(chǎn)品以及鐵,灰塵和其削減得失,而制造和安裝工業(yè)爐窯和設(shè)備。 Nov.2005 Nov.2005 CITIC Pacific Limited purchased Shijiazhuang Iron & Steel Co., Ltd中信泰富有限公司購(gòu)入石家莊鋼鐵有限公司 CITIC Pacific Limited took hold of 80% of stock of Shijiazhuang Iron & Steel Co., Ltd with RMB 1.28 billion and its newly registered capital numbered RMB 196,400,000.中信泰富有限公司抓住80 的股票,石家莊鋼鐵有限公司,與人民幣十二點(diǎn)八零億和其新注冊(cè)資本人民幣一萬(wàn)九千六百四十零點(diǎn)零零萬(wàn)編號(hào)。 After the deal, CITIC Pacific Limited expanded its registered capital holding over Shijiazhuang Iron & Steel Co., Ltd up to 65%.收購(gòu)?fù)瓿珊?,中信泰富有限公司擴(kuò)大注冊(cè)資本控股的石家莊鋼鐵有限公司65 。 Based on the status quo of steel market and supply in up-stream and down-stream companies.基于現(xiàn)狀的鋼鐵市場(chǎng)和供應(yīng)的上游和下游企業(yè)。 We ha ve identified number of reasons of M&A in Chinas steel industry.我們確定了一些影響中國(guó)鋼鐵行業(yè)發(fā)展的因素。 A. The density of this market.首先,市場(chǎng)密度。 一些公司在這個(gè)部門(mén)The overall competitiveness has been weak due to mind-boggling number of companies in this sector and lack of scale.的整體競(jìng)爭(zhēng)力一直處于令人難以置信的較弱狀態(tài),缺乏規(guī)模效益。 Take Hebei for instance, annual output has been 50 million tons.以河北為例, 有However, more than thousands of firm clustered the超過(guò)數(shù)以千計(jì)的年產(chǎn)量50萬(wàn)噸的企業(yè)集群存在。 With the same story appeared Liaoning .隨后遼寧省出現(xiàn)同樣的故事。 As of the end of September 2005, there were 6383 companies in this sector in which majority of companies merely have annual output less than 500,000 tons.截至2005年9月底,共有6383家公司在這個(gè)部門(mén)中,多數(shù)公司只有年產(chǎn)不到50萬(wàn)噸。 28.34% of companies were in dire strait losing money at RMB 7.2 billion in which 73% of steel companies in Guizhou Province were in bankruptcy with loss of RMB 548,000,000 while 62.91% of steel companies in Yunnan Province were in bankruptcy with loss of RMB 0.31 billion. 28.34 的公司都倒閉,虧損為人民幣72億元,其中73 這樣的鋼鐵公司在貴州省,由于虧損破產(chǎn)損失的人民幣五萬(wàn)四千八點(diǎn)零零萬(wàn),占總損失的62.91 ,在云南省鋼鐵企業(yè)的破產(chǎn)損失人民幣3.1億。 Scale economy is paramount to survivability of steel companies since cost in this sector has been up.規(guī)模性經(jīng)濟(jì)是至關(guān)重要的,也是鋼鐵行業(yè)賴以生存的根本。 Integration in this sector has steeped into an accelerated phase.集合部門(mén)的成本已經(jīng)過(guò)度到一個(gè)加速階段,The number of local medium and small companies in losing will be knocked out into oblivion and high density will emerge.一些地方的中型和小型企業(yè)將由于生產(chǎn)高密度的出現(xiàn)而淘汰或者湮沒(méi)。B. The requirement of technological revamping over backward firms. 其次,對(duì)企業(yè)落后技術(shù)改造的要求。 國(guó)務(wù)院關(guān)于工業(yè)建設(shè)的的名單As List of Industrial Reconstruction lay out by the State Council, Small furnaces, electric rangette and small arc oxygen furnace will be put into obsolete while to rule the market under fair competition with administrative policy.,這些企業(yè)對(duì)小爐,電動(dòng)和小弧轉(zhuǎn)爐將投入過(guò)時(shí),而要施以市場(chǎng)規(guī)則下進(jìn)行公平競(jìng)爭(zhēng)的政策。Through upgrading of industrial structure, productivity and market share will be geared up.通過(guò)提升產(chǎn)業(yè)結(jié)構(gòu),使得生產(chǎn)力和市場(chǎng)份額分配準(zhǔn)備就緒。 The rosy picture can be seen in guaranteed product mix, technique in equipment making and replacement of old product and equipment with new ones.在美好的藍(lán)圖中可以看出保證產(chǎn)品結(jié)構(gòu),技術(shù)裝備制造和更換舊的產(chǎn)品設(shè)備等新的問(wèn)題。 This should be viewed as core competitiveness for China s steel industry.這應(yīng)被看作是中國(guó)鋼鐵工業(yè)的核心競(jìng)爭(zhēng)力。 最后,國(guó)外對(duì)中國(guó)鋼鐵行業(yè)發(fā)展趨勢(shì)的影響C. outside reason for M&A in China s steel industry.。 Continuous flow of foreign capital made M&A in domestic steel industry even harder.源源不斷的外國(guó)資本涌入,取得了的國(guó)內(nèi)鋼鐵業(yè)的股份會(huì)更難。 We found it is taking market share rather than seeking short term interest for foreign counterpart invaded in. in addition, China s steel output shares 30% in the world and 40% in sales which makes it a promising market around the world.我們發(fā)現(xiàn)它是市場(chǎng)份額,而不是尋求短期利益的外國(guó)對(duì)口經(jīng)濟(jì)入侵,此外,中國(guó)的鋼產(chǎn)量30 的股票在占有世界上40 的銷售額,在世界各地有良好的市場(chǎng)。外國(guó)一個(gè)低密度的生產(chǎn),是一個(gè)The golden opportunity is provided to international steel gurus in that profitability of metric tons of steel in domestic companies is mere 30% to foreign one for low density of production while accessibility of single company nationwide is limited for chasm among regional markets.黃金機(jī)會(huì)是提供給國(guó)際鋼鐵權(quán)威的盈利總量?jī)H是國(guó)內(nèi)企業(yè)的30 的鋼鐵產(chǎn)量,同時(shí)消除鴻溝,獲得全國(guó)單一公司是有限的區(qū)域市場(chǎng)。 在面臨挑戰(zhàn)的外國(guó)競(jìng)爭(zhēng)和免疫國(guó)家支柱產(chǎn)業(yè)的外國(guó)控制下,M&A of domestic companies to boost production will be the only way out in facing with challenge from foreign rivalries and immunize national pillar industry from foreign control.并購(gòu)國(guó)內(nèi)企業(yè)提高生產(chǎn)將是唯一的出路。 3. 3 。 M&A trend analysis of China s steel industry中國(guó)的鋼鐵工業(yè)的并購(gòu)趨勢(shì)分析 Steel companies have put focused attention on M&A in 2005.鋼鐵企業(yè)已經(jīng)把注意力集中在M A的2005年。 M&A has swept through Tanggang Group, Wuhan Iron & Steel (Group) Corp. and Panzhihua Iron & Steel (Group) Corp. This has made company scale expanded and stir up inner metamorphoses to boost competitiveness.并購(gòu)已經(jīng)橫掃唐鋼集團(tuán),武漢鋼鐵(集團(tuán))公司和攀枝花鋼鐵(集團(tuán))公司這使公司規(guī)模擴(kuò)大和挑起內(nèi)部結(jié)構(gòu)變形來(lái)得以提升競(jìng)爭(zhēng)力。 China s steel companies have stepped in high M&A period with adversaries getting fiercer.中國(guó)的鋼鐵企業(yè)已加強(qiáng)在高并購(gòu)期間與對(duì)手越來(lái)越激烈的競(jìng)爭(zhēng)。 According to data the M&A shows number of characters.根據(jù)數(shù)據(jù)調(diào)查顯示的數(shù)據(jù): A. more M&A in steel companies influential in regional area and the extent which ferocious competition will be cooling down. 更多的獨(dú)資的鋼鐵公司影響力的區(qū)域面積和程度的兇猛競(jìng)爭(zhēng)將降溫。 Regional M&A can be classified into several categories identified: Anben Steel Group purchased steel companies in Northeast region; Shougang Group and Tanggang Group in Northern region; Baosteel Group consolidated Ma Steel and Hangzhou Iron & Steel Group Company in Eastern and Southern China; Wuhan Iron Steel ( Group ) Corp. took over its counterparts in nearby Provinces and cities in Central and Southern region; Panzhihua Iron & Steel (Group) Corp. as major player in Southwest region; Xinjiang Bayi Iron & steel Co., Ltd., Jiugang Iron & steel Group and Baogang Group.區(qū)域并購(gòu)可分為幾個(gè)類別確定: 鞍本鋼鐵集團(tuán)收購(gòu)鋼鐵企業(yè)在東北地區(qū);首鋼集團(tuán)和唐鋼集團(tuán)在北部地區(qū);寶鋼集團(tuán)合并馬鋼和杭州鋼鐵集團(tuán)公司在東部和南部中國(guó);武漢鋼鐵-鋼鐵(集團(tuán))公司接管對(duì)口鄰近省市的中部和南部地區(qū);攀枝花鋼鐵(集團(tuán))公司作為主要參與者西南地區(qū); 在西北地區(qū),八一鋼鐵有限公司, 酒鋼鋼鐵集團(tuán)和寶鋼集團(tuán)。 in Northwest re B. vertical M&A intensified. 縱向并購(gòu)正在加劇, Cost has been taken into consideration in investment from localities.考慮成本投資地點(diǎn)。 Vertical M&A over raw material suppliers such as mining firms and machinery firms will show up as to put cap on material cost.縱向并購(gòu)的原料供應(yīng)商,如采礦公司和機(jī)械公司將提高材料成本上限。 This move will control cost of raw material and ward off short supply of material.此舉將控制成本的原料和抵御短期供應(yīng)的材料。 C. M&A by Chinas steel companies over foreign ones is expected to gear up with fast step in globalization and strong capacity within steel company.中國(guó)的鋼鐵企業(yè)的并購(gòu)加快全球化和強(qiáng)大能力的鋼鐵公司的趨勢(shì)。 This type of M&A features taking over mining companies and medium size of steel companies for the consideration of resources allocation.這種類型的并購(gòu)功能接管礦業(yè)公司和中等規(guī)模的鋼鐵企業(yè),供其審議的資源配置。 In 1992, Shougang Group purchased SiderPeru with USD 0.12 billion as first case for M&A committed by China s company. 1992年,首鋼集團(tuán)購(gòu)SiderPeru1.2億美元,用于購(gòu)置。 With increasing capability, Baogang Group will play more roles in M&A overseas.隨著能力的發(fā)展,寶鋼集團(tuán)將發(fā)揮更多的作用,在海外并購(gòu)中。 Wuhan Iron Steel ( Group ) Corp. will take time on M&A abroad.武鋼-鋼鐵(集團(tuán))公司需要一定的時(shí)間海外并購(gòu)。
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