Anshan Iron and Steel "sea": "a small investment," Why the United States caused by the "big fears".

<P> The first iron and steel enterprises in China to the United States plant, is to overcome the "visa" problem. .</ P> <P> "U.S. lawmakers want the United States Foreign Investment Commission is (CFIUS) start of Anshan Iron and Steel Group, the review of investment projects." International Trade and Economic Cooperation, Ministry of Commerce Institute for Zhao Yumin, director of international market research told the "Financial State Week" .Once CFIUS involved in the investigation, Anshan Iron and Steel joint venture plans to fall into protracted review cycle. .</ P> <P> "Anshan Iron and Steel Joint Venture Development Corporation is the U.S. a difficult journey ahead." Anshan Iron and insiders close to the negotiations told reporters. .</ P> <P> AISC "small investors" </ P> <P> "and reorganization of Panzhihua Iron and Steel, Benxi Iron and compared the development of Anshan Iron and Steel Company joint venture is a small United States was modest investment." In 2009, .Anshan, Benxi Iron and Steel and Panzhihua Iron and steel production capacity was 25 million tons, 11 million tons and 1,000 tons, while Angang Steel and U.S. Steel joint venture development plans, merely "to establish four annual installments scale of 30 million tons .Electric steel plant and a small steel mills. " .</ P> <P> addition to signing of the "development of Angang Steel Company to the U.S. equity investment agreement", the two sides also signed a "device sub-supply agreement" and "sales agreement." .Under the sales agreement, the bar part of the plant will be underwriting the Japanese Marubeni Corporation and Anshan, the southeastern United States supply of products to replace imports, while the radiation in Latin America, South America and other emerging markets with growth potential. .</ P> <P> Angang Steel also said that they invested in the United States Steel, the first consideration is to make full use of the U.S. economic stimulus plan on infrastructure investments by the domestic steel demand can only meet policy requirements, filling the .U.S. domestic line, bar production capacity of the market, in expanding the market, then the layout of the steel to the United States. .</ P> <P> China Joint Business Network chief analyst Michael Ma & P believes that Anshan Iron and Steel's joint venture there is sufficient capacity reasons. .China United Business network a set of data showed that U.S. steel imports nearly two years remained at 50 million tons from top to bottom, in 2008, U.S. steel imports 872,000 tons, 375,000 tons in 2009, 2010, two 3,4 .months of imports of 28 million tons. ."It is obvious from the above data, (Angang) three projects total annual output of 90 million tons of steel scale with the United States similar to the current level of imports in general." </ P> <P> Even so, Angang New Steel joint venture .U.S. production capacity accounted for only 0.3% of the steel market, American Iron and Steel Association statistics show that in 2009, the United States nearly 125 million tonnes crude steel production. .</ P> <P> "30 万吨 it is difficult to justify investment will increase the Anshan Iron and Steel (U.S.) national security concerns." In the U.S. members of Congress, after a review of the joint venture, U.S. Steel Development Corporation is also open to the media .expressed doubt. .</ P> <P> America's "Great Fear" </ P> <P> although only 30 million tons of steel project, but the U.S. Congress has launched its upgraded to "threats to national security" level considerations. .</ P> <P> steel line under the President of the United States Congress PeteVisclosky published on its website the 50 members of Congress said the joint letter, the U.S. direct investment in Anshan Iron and Steel Company, the "Employment and the United States pose a threat to national security." .Steel-line U.S. Congress is deeply concerned and believe that this investment "will allow the Chinese government forces and funds in the U.S. territory of American steel market development." .</ P> <P> "This may be just the first obstacle, there are other obstacles do not rule out the possibility of the future." The Anshan Iron and Steel said. .</ P> <P> so far, PeteVisclosky still retains the personal Web site a letter written to Timothy Geithner full text. .Letter said, Anshan Iron and Steel is China's central level, to enjoy the huge government subsidies, as the central rate of the Anshan Iron and steel companies on the U.S. direct investment, "will be exposed to is related to U.S. national security infrastructure projects based on the new steel production technology and information .. "</ P> <P>" In fact, this investment is just an ordinary steel, did not involve steel and other products related to national security, U.S. lawmakers blame is difficult to understand. "Anshan Iron and Steel executive said the above. .</ P> <P> investment in the U.S. should not be politicized </ P> <P> back in early 2009, once struggling DiMicco to the then President-elect Obama a boost for U.S. Steel .demand for two-year plan, a proposal which is the "buy American." .Angang intervention inherent in the market, DiMicco also the first time expressed their opposition. .</ P> <P> "When economic interests are at stake, through a political solution is the most effective way." Of the State Council Development Research Center, told the "Financial State Week" earlier in the instigation of the steel line, .The U.S. government has continuously on, including steel, iron and steel products including a variety of cable imposition of countervailing and anti-dumping duties. ."While it is difficult to predict the developments, but the U.S. has extended this simple business practices for political events." </ P> <P> "Anshan Iron and Steel Development Corporation is working with the United States to discuss cooperation in building a new factory, is subject to .the invitation of U.S. companies. Although the proportion of shares accounted for a small investment, but we still see members of the United States will be the normal commercial projects politicized, this is the performance of an investment protectionism. "at a regular news conference .on the Ministry of Commerce spokesman Yao said. .</ P> <P> So far, we have not received formal notification in this regard. .Presented by the media now, as state-owned enterprises may be a factor, but we do not want to speculate on this. .Anshan Iron and investment in this project is purely commercial activity, we do not want to be politicized. .</ P> <P> First, the Anshan Iron and Steel Investment in the United States and elsewhere, starting from the market demand, business practices. .</ P> <P> Second, the Anshan Iron and Steel Investment Development Corporation United States Steel (SDC) project, the amount of investment is very small, very low percentage of shares, not SDC project controlling party. .Prior notification from the call side of the situation, Anshan Iron and Steel shares less than 14%, only a small shareholder. .Anshan Iron and Steel Company has welcomed the U.S. participation in the local construction and operation of the project, to explore a new business model. .</ P>.