Respond to crisis, traders heating
 
It is understood that several original interconnectedness insured steel trading business in the second half of last year, a coalition of Tianjin Tang International Logistics Group Limited. The establishment of the Corporation, its financial strength to become more abundant, to have more right to speak and steel negotiations in order to reduce procurement costs, but also easier access to bank credit facilities.
From the steel trade and industry development status, "stragglers" combat is difficult to resist the adverse external environment, but to "hold together" to ride out the storm as iron and steel enterprises are increasingly turning to "self-help" approach. Former UNPROFOR several enterprises, mainly for financing from the bank, and now the mode of UNPROFOR exposed many problems, risks, many companies have been at arm's length, and several business combination, the establishment of the Corporation, after all, a a good way to save themselves.
 
Analysts said the steel trade enterprise profit margins shrink, rising operating costs, in order to survive in the cracks and live better, we must change the development of ideas, business model, but also very easy to form a "heating" of the situation .
 
In addition to solve the problem of credit facilities, there are many benefits. Steel trading business, gather together, to reduce the price war with each other. More power to expand the downstream industry chain of steel. In addition, the combination can effectively use the resources of their respective clients, to better understand customer needs, sources of information been fully utilized. "to analysts.
 
"Group" mode to face many obstacles
 
With the acceleration of the industry reshuffle, this kind of scattered for the whole of a small group mode will undoubtedly enhance the steel trading business, the ability to resist risks, but in fact, this model also has its inherent deficiencies. According to reporter investigation, the group, the pattern of consolidation and reorganization in the steel trade circles has been discussed for a long time, but this model has yet to be implemented in the Beijing area steel trade circles.
 
"This is an attempt, however, is still difficult to implement" the Pud Metal Group Co., Ltd., chairman Wang Yongfu, the mode of financing, the group model is very similar to the HSP model, only scattered several enterprises together, but the liability relationship is still not changed, the change in the mode only "medication" had come Wang For example, a company $ 100 million loan, the loan amount and the five companies together on will become a $ 500 million. "This fundamental problem still has not been resolved." Wang said.



Other News:
When the domestic bearings put on world famous labels
The steel trade enterprise group mode can go far?
Steel City spot space is limited to shore is the best outcome
The Baotou eyes not only attention to the north of rare earth, but also to set e
Timken ? bearings re-visit the help of Mars ＂curious number＂ start life with adv
Steel City add positive energy rebound in steel prices have support
U.S. trade deficit reached a new low trade deficit with China, or into the campa
Standard & Poor's: regulatory reform, temporarily will not affect U.S. bank rati