Debt scale

Before the "sea," events, shagang group, debt has been increasing.
In recent years,seamless carbon steel tube api 5l gr.b according to shagang group company financial statements, shagang group, the total debt of more than 60 billion yuan, as of the end of March 2013, shagang group, the total debt of 63.09 billion yuan, total liabilities of 80.655 billion yuan.
According to moody's subordinate ccxi to shagang group,Astm water fluid line carbon steel pipe for many consecutive years follow-up rating report, shagang group, the total debt has gone up from $2008 in 35.073 billion to March 63.09 billion yuan this year.
For years in a row in the report, ccxi referred to shagang group, some unreasonable debt structure,seamless steel pipe astm a106 gr b short-term debt is larger. Shagang group, the short-term debt mainly bank loans payable, notes payable, and the liquidity liabilities due within 1 year.
According to the rating report since 2009, the total number of three types of debt from 2009 yuan in March 2009, the rapid rise in March this year to 46.584 billion yuan, shagang group, short-term debt accounted for more than 74% have been, the highest reached 85.53%.
But as of last quarter issue new short-term bonds, shagang group, and no default records, long-term debt ratio of short-term debt has also decreased from 4.02 times in 2009 to 3.02 times that of last year.
But the long-term follow-up of shagang group,carbon steel seamless A106 steel pipe the project said: "based on China's largest private steel enterprises scale advantage, shagang group, for many years with four lines to keep a good relationship."