China Banking Regulatory Commission To Study The Deployment Of Iron And Steel Enterprises To Leverage

       Under the guidance of the China Banking Regulatory Commission, China Iron and Steel Industry

Association recently held a typical iron and steel enterprises "to leverage" exchange forum. The meeting

discussed the next step "deleveraging" and market-based debt-to-equity work. China Iron and Steel Industry

Association executive vice president of Gu Jianguo said at the meeting, the current focus is to solve some of

the typical iron and steel enterprise loan structure, the typical iron and steel enterprises in accordance with the

iron and steel coal to the capacity of the joint meeting requirements, seriously provide the relevant length Loan,

short loan, off-balance sheet loan data, as soon as possible to study the structure of the proposed loan

structure, this year is the "deleveraging" work of the start. March 9, China Steel Association and the China

Banking Regulatory Commission held in Nanchang, the first iron and steel industry to the leveraged meeting,

proposed with 3-5 years to promote the industry asset-liability ratio fell below 60% target.




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