Research On Actuality And Developing Trend Of China's Iron And Steel Industry

The Iron and Steel Industry plays an important role in the process of economic development as essential raw and processed materials. China's Iron and Steel Industry has developed quickly in the current years and been the biggest producer in the world of six years after 1996 with the total output of more than a hundred million ton. But meanwhile, this rapid development left many latent problems in the industry such as low-level technology, illegitimate organization structure, etc. Thus, for it's persistent and healthy development, we should have a comprehensive understanding and estimation to the actuality and future of China's Iron and Steel Industry.This article makes an analysis and research on the existent problems and developing trend of China's Iron and Steel Industry from the point of view of industry developing with reference to the industry developing process in developed countries. First, the article discovers the consisted problems and primary contradictions which block it's development through investigation to the actuality of the iron and steel industry. Then, forecast and analyze the requirement of steel in 2005 with regression analysis. In the end, the article discusses the developing perspective of China's Iron and Steel Industry and pivotal difficulties must be overcome combining with the result of investigation and analysis, furthermore, bring forward some suggestions and percepts around industry policy.