Because of environmental protection, these enterprises are "running away"!

Reduce urban pollution and relieve traffic pressure

As we all know, a large number of motor vehicle exhaust emissions and building and infrastructure dust in the city are one of the important causes of urban air pollution, but iron and steel enterprises located in the city, will also aggravate urban dust pollution, and noise pollution can not be ignored. In addition, many cities are restricted to large trucks and trucks during the day, which is not conducive to the development of steel mills in the long run!

commercial value

In recent years, due to the shrinkage of iron and steel enterprises, the contribution to local taxes has also declined. Taking Baosteel as an example, as a traditional manufacturing industry, steel is facing enormous pressure of survival, regardless of land cost and labor cost, because it is located in Shanghai with "service industry" as the main part. It is reported that Baoshan first moved out of the stainless steel, special steel two factories occupied a very high value of commercial development, has become an important reason for these capacity to migrate out.

In addition, the old factory area of Chongqing Iron and Steel Co. is a real scenic spot along the Yangtze River. After the removal of Chongqing Iron and Steel Co., the land will be mainly used for the construction of high-grade residential areas and new business circles in addition to the construction of industrial museums.

Help transformation and upgrading of steel enterprises

The relocation of iron and steel enterprises is generally accompanied by the elimination of backward production capacity, transformation and upgrading. According to Qilu Evening News, in 2022, Jigang and Jilin Smelter will move out of Jinan by the end of 222, mainly for upgrading and renovation. By the end of 2015, Jinan Steel will have completed the shutdown and demolition of 40 tons of converters.

The economic burden brought about by relocation can not be ignored.

Relocation, for steel mills, is all bone and bone. Take Chongqing steel as an example, the capital needed for relocation of Chongqing steel is about about 30000000000 yuan. Because the project has not been approved late, can not apply for long-term loans from the bank, and short-term loan interest rate is high, so the process of Chongqing Iron and Steel Co. to raise relocation funds is very complicated.

Yu Fu group provided about 10000000000 yuan of funds to Chongqing Iron and Steel Co., so that the relocation project of Chongqing Iron and Steel Co. was able to work.

Chongqing Iron and Steel Co., Ltd. raised $1 billion through the return of H-shares to A shares.

Chongqing Iron and Steel Co., Ltd. issued about 2000000000 yuan in corporate bond financing and 3 billion yuan in overseas syndicated loans.

Local commercial bank loans and equipment leasing companies strongly support.

But huge debts also brought heavy burden to Chongqing steel. According to the 2013 annual report of the listed company Chongqing Iron and Steel, the company lost 2.5 billion yuan in 2013, with an asset-liability ratio of 79% and a monetary fund balance of only 1.553 billion yuan. By the middle of 2013, the assets and liabilities ratio of Chongqing steel was 90%.

In addition, relocation will also bring huge losses of fixed assets (due to the elimination of original production equipment, the construction of new equipment); transport constraints (the original railway, highway transport system is difficult to continue), because of the discontinuation of production, can not create profits, loss of the original market share and user groups and so on.

Despite government subsidies such as taxes, most steelmakers undergoing relocation adjustments have experienced a very painful and long running-in period.