Iron Man returns. The latest data shows that the steel sector, which is the mainstay of blue chip stocks, has surpassed the broader market for four consecutive months. Since December last year, the monthly increase in the steel stock index was 0.94%, 2.70%, 4.47% and 4.36%, while the Shanghai index rose by -0.43%, -0.62%, 4.1% and -0.79% respectively. On March 28th, the Shenzhen Stock Exchange officially withdrew the “de-listing risk warning special treatment†for *ST vanadium-titanium (000629.SZ), and the *ST vanadium-titanium after capping the star became Panzhihua Vanadium and Titanium. At the same time, the company announced that the National Development and Reform Commission approved the asset replacement program. According to the plan, Panzhihua Iron and Steel Vanadium will hold 15% equity and related assets of Panzhihua Steel and Vanadium Company, such as 100% equity of Panzhihua Steel and Vanadium Company, 100% equity of Anqian Mining Company held by Angang Group, and 100 Hong Kong Company of Angang Group % equity and 100% equity of Angang Group (Australia) Co., Ltd. were replaced. As a result, the integration of Angang Group and Pangang Group has finally settled. At the moment when the development of the “Twelfth Five-Year Plan†steel industry is gradually clear, the case of Angang Group reorganizing Panzhihua Iron and Steel Vanadium and Titanium will not be an isolated case. For China's steel industry, a chance to reshuffle is coming soon. At the “2011 (Second) China Steel Planning Forum†held on March 21, the National Development and Reform Commission and relevant personnel from the Ministry of Industry and Information Technology revealed that during the “Twelfth Five-Year Plan†period, the steel industry will adjust its production capacity according to regional division. In addition, increasing the concentration of steel production capacity and forming the international competitiveness of steel companies will become the top priority during the 12th Five-Year Plan period. It is reported that the adjustment of steel production capacity will be carried out in different regions. The East China, North China and Northeast China steel production capacity concentration areas will be gradually reduced. The production capacity in Central South and Southwest China will be partially eliminated, while the western region will moderately increase steel production capacity. At the same time, during the “Twelfth Five-Year Plan†period, the proportion of the production capacity of the top 10 steel groups will increase from the current 48% to 60%, and through the merger and reorganization of the industry across the country, the existing more than 2,000 simple rolling mills will be integrated and cultivated. It has about 100 regional steel groups. Many steel experts have interpreted that almost all major domestic steel companies are listed. The merger and reorganization of the domestic steel industry during the “Twelfth Five-Year Plan†period will affect a large number of listed steel companies. The wave of reorganization of steel enterprises is different from the past. The rise of the reorganization of the domestic steel industry has a far-reaching industrial layout. For this reason, the restructuring between steel listed companies is particularly eye-catching. Before the reorganization plan of Angang was approved, Shandong Iron and Steel Group also operated the same plan. The difference is that the two listed companies under the Shangang Group, Laigang ( 7.56 , 0.00 , 0.00% ) (600102.SH) and Jinan Iron and Steel ( 3.59 , 0.00 , 0.00% ) (600022.SH) reorganization of the long-distance running Still continuing. On February 18, 2011, Laiwu Steel and Jinan Iron and Steel issued the same suspension notice at the same time, saying that they received a notice from Shangang Group that they are planning a major asset restructuring related to the company. The company's shares will be suspended from the same day. Previously, the reorganization plan of the two companies was vetoed by the shareholders of Laigang Steel Co., Ltd. due to the dispute over cash options. However, Shangang Group did not abandon the restructuring plan, and the relevant responsible persons of the two listed companies made it clear that “restructuring work is going onâ€. At present, Laiwu Steel and Jinan Iron and Steel are still suspended. In fact, at the time of the promotion of the restructuring of Laigang and Jinan Iron and Steel, Shangang is still operating another more difficult thing. As the first state-owned enterprise in Shandong Province, Shangang Group plans to reorganize Rizhao Steel, which has relatively backward production capacity, and lead the construction of Rizhao Steel Quality Base to integrate the Shandong steel industry and complete the industrial layout. This process is equally tortuous. After the return of Rizhao Hua’s actual controller Du Shuanghua (column), the restructuring work was suspended for three times. At present, the focus of both parties is on how Shanshan Steel pays the estimated value of nearly RMB 45 billion. Perhaps, the use of hundreds of billions of bank credits by financial institutions such as ICBC and ABC has become the only choice for Shangang. Shangang is saving money, and Shougang is in an endless wait. Since the suspension last October 28, Shougang shares (4.42, 0.00, 0.00%) (000959.SZ) positive on major asset restructuring in-depth communication with the controlling shareholders and other interested parties, consultation, slow progress, six months time, almost no The movement has not yet resumed. However, in the face of many small and medium-sized shareholders' doubts, Shougang has signed a military order and will implement the restructuring date on June 30, 2011. Compared with the reorganization of Shangang and Shougang, Hebei Iron and Steel ( 3.99 , 0.00 , 0.00% ) (000709.SZ) is much easier to reorganize with private steel enterprises in Hebei. In the 50-day period, 12 private steel enterprises in the province of Hebei Whales swallowed almost all the private enterprises in the area. Huatai Securities ( 13.98 , 0.00 , 0.00% ) pointed out that the restructuring of steel listed companies accelerated, the steel production capacity of each region will be gradually adjusted, and concentrated in the hands of a few large steel groups, thus completing the adjustment of the steel industry layout. This is precisely the change that the steel industry will undergo during the 12th Five-Year Plan period. Taking Shanxi as an example, in its preparation of the Shanxi Iron and Steel Industry Reorganization and Integration Implementation Plan (Draft for Comment), it is required that by 2015, Shanxi will form a “double giant†pattern dominated by Taigang Steel and Shougang Changzhi Steel. Among them, TISCO will reorganize and integrate many small steel enterprises in five regions of Shanxi. The annual capacity of the restructured Taigang will reach 40 million tons, and the proportion in Shanxi's steel industry will increase to 80%. "At present, it seems that the cross-regional restructuring will not be very effective, and the restructuring is basically carried out in the same region, which is the requirement for regional concentration of production capacity," said Huatai Securities analyst. In the face of the "12th Five -Year Plan" in the face of the "12th Five-Year Plan", the domestic steel industry has crossed the sea, and each of them has shown great power: large steel enterprises have strengthened the company's combat effectiveness by arranging the industrial chain; and small private enterprises, fate But it seems not very clear. On April 1, WISCO ( 4.73 , 0.00 , 0.00% ) (600005.SH) announced the payment of the share placement, and its announcement proposed to raise 8.7 billion yuan to acquire Egang Group to make its cold rolled product production line and listed company's existing production capacity. Form complementarity and improve product structure. Previously, since 2008, WISCO has continuously attacked overseas and has obtained 8 iron ore resource projects in Canada, Brazil, Australia and other countries. The number of equity mines has exceeded 6 billion tons. On the other hand, in terms of industrial layout, WISCO won the project of Fangchenggang Fine Steel Base and tried to open the foreign market through this southeast coastal port. Baosteel intends to extend its tentacles to South China through the Zhanjiang project. Also extending the tentacles to the upstream of the industrial chain, there is Baotou Steel ( 7.48 , 0.00 , 0.00% ) (600010.SH). On March 12, Baotou Steel announced that it will issue no more than 1.63 billion A shares to a specific target including the controlling shareholder Baotou Steel Group in a private placement, raising no more than RMB 6 billion for acquisition. 100% equity of Baotou Steel Group Barrun Mining Co., Ltd. and mining rights of Baiyun Obo Iron Mine West Mine. While large steel companies are marching into the army, small steel companies are planning to leave. After the hope of restructuring with Baosteel was shattered, on January 10, 2011, Guanggang Group ( 7.68 , 0.00 , 0.00% ) (600894.SH) issued a restructuring announcement, saying that Guangri Group will inject high-quality assets into it, “net shell transfer†"Guangzhou Iron and Steel turned into an elevator company. The move was the first to retreat from the steel industry, and Guangzhou Iron and Steel also became the first listed steel company in China. For large state-owned enterprises with capital and policy advantages, reorganization or merger is a good choice. For smaller private companies, there seems to be no choice. As the head of the country's largest steel private enterprise, Sha Wengang's chairman Shen Wenrong (column) is facing a difficult decision: In the face of Baosteel's intention to acquire a 20% stake in Shagang, Shen Wenrong, known as the "steel tsar", is in a dilemma. Undoubtedly, bringing a "national" word is crucial for Shagang to become a "central army." To become a "central army", for Shen Wenrong, you must give up some decision-making power, or even hand over decision-making power. “If private enterprises want to survive this wave of restructuring, they should actively seek reorganization and find a safe haven; second, they must truly eliminate low-end products, introduce advanced production lines, and respond to market storms with increasing strength.†Targeting the current private steel The fate of the company, Yida Steel Information Network analyst Ji Liangde bluntly. Qiao Peitao, an analyst at Great Wall Securities, pointed out that the process of restructuring steel companies is actually a process of redistributing rights and interests. In this process, the central and local, state-owned enterprises and private capital, the game and balance of the interests of all parties, will become the final factor in determining the outcome of this restructuring wave. It is precisely under the influence of these factors, whether it is the strong alliance between large enterprises or the reorganization and merger between large and small enterprises, the process is often twists and turns, not so smooth. “At present, the successful case of restructuring I have seen is only Bayi Iron & Steel ( 14.41 , 0.00 , 0.00% ) (600581.SH).†Qiao Peitao bluntly stated that steel companies are the pillar industries of local finance, and their restructuring process is outside corporate behavior. More local government intervention, the restructuring process is not a simple corporate behavior, resulting in the reorganization of the company after the appearance of the company, and can not achieve the purpose of integration operations. Although a substantial reduction mechanism market outperformed the broader market, but great wisdom (22.18, 0.00, 0.00%) statistics show lower profits in the steel industry as a whole, the industry is about to reshuffle the occasion, the Fund has always been sensitive sense of smell, but lighten up and wait for change, Or clearance retreat. Among them, Angang Steel ( 7.92 , 0.00 , 0.00% ) was reduced from 12 funds at the beginning of the year to 2 at the end of the year. Fund shareholdings decreased from 9.89% to 3.32%, and shareholdings decreased from 178.75 million shares to 60.58 million shares. At the end of 2010, the number of shares held by WISCO was reduced from 9 to 2, and the shareholding ratio of funds decreased from 5.92% to 0.11%. The number of shares held from 175.754 million shares was sharply reduced to 3.564 million shares. Baosteel Co., Ltd. ( 7.07 , 0.00 , 0.00% ) had 22 funds in the beginning of last year, but by the end of the year, only 7 funds remained, and the shareholding ratio also dropped from 3.36% to 0.3%. The number of shares held was 588.666 million shares. Reduced to 52.305 million shares. Laigang's shares have been reduced from 8 at the beginning of last year to 1 at the end of the year, and the shareholding ratio has dropped sharply from 14.79% to 1.39%. At the beginning of the year, Bayi Iron & Steel had 14 funds lurking, and by the end of the year, there were only 5 remaining, and the shareholding ratio fell from 13.29% to 4.03%. The only thing that is sought after by the organization is the Panzhihua Vanadium and Titanium, which is expected to attract attention by reorganizing the theme and picking up the stars. Data show that at the beginning of 2010, only five funds lurked the stock, and by the end of the year, it increased to 12, and the shareholding ratio increased from 2.59% to 4.04%, reaching 1,284.91 million shares. Baotou Steel Co., Ltd. did not change much before 2011, from 8 at the beginning of the year to 6 at the end of the year, but the shareholding ratio of the fund's tradable shares rose from 3.58% to 4.43%. Debon Securities pointed out that the root cause of poor performance of the steel sector is that the level of profitability has declined due to the squeeze of upstream raw materials, and its own valuation has not decreased. Under this circumstance, many organizations also focus on listed companies with regional development advantages, resource advantages and high growth of products. Because of this, the Pangang Group, which will become the mineral resources platform of Angang Group, will still be sought after by the fund in the case of a weak steel industry.
Stainless Steel External Tooth Lock Washers, with high quality sus304 316 which are one of the highest forms of corrosion resistant steel, making it last longer than other hardware on the market today.and it is great for both indoor and outdoor using. The stainless steel provides excellent rust resistance in water applications.Custom packing for export, carton packing or plastic bags, or according to your request. We have much stock of those items, more sizes and standards for your choice.
Lock washers with external teeth, also known as external tooth lock washers or external serrated lock washers, are a type of fastener used to prevent loosening or rotation of bolts, screws, or other threaded fasteners.
These washers have serrations or teeth on the outer edge, which bite into the mating surface or the underside of the fastener head when tightened. This creates friction and helps to prevent the fastener from loosening due to vibrations or other forces.
The external teeth on these washers are designed to dig into the material, providing a more secure grip compared to regular flat washers. They are commonly used in applications where there is a risk of fastener loosening, such as automotive, machinery, or construction industries.
Lock washers with external teeth are typically made from materials like steel, stainless steel, or other metal alloys. They are available in various sizes and can be used with different types of fasteners, depending on the specific requirements of the application.
Lock Washers External Teeth,External Tooth Star Washer,External Tooth Washers,External Teeth Lock Washer
Taizhou Wanluo Hardware Products Co., Ltd. , https://www.wlhardware.com