| Iron & Steel industry in China has been got advanced achievement after forty-year development. Specially, after the output of Iron & Steel had reached a hundred million tons and got the first place in the world, the development of Iron & Steel has been got more quickly than before. The output can be expected to attain three hundred million tons in 2005. It has been a serious problem faced by the development way of Iron & Steel Industry in china that how much Iron & Steel should be needed by China.Hunan Iron & Steel has reflected very favourably on the vigor of enterprise since XiangSteel, Lian IronSteel and HengSteel were reorganized and become HuaLing Group. But when Hunan Iron & Steel has got a good development, Hunan economy hasn't a very good performance, and the overall look of dispersive, small and goodish economy hasn't changed yet. The development of industrialization and urbanization is below the average level of China. How to develop Hunan economy is also a serious problem facing to the Hunan people.The paper discourses upon the two parts as follows. First, it analyzes the status and trend of the development of Iron & Steel Industry. Second, it proves the necessity from the following several aspects that Hunan should developed Iron & Steel industry as leading industry. No. 1, through the method of setting up linear regression model, the conclusion is achieved that the largest value of consumption of steel product is about 4.2 hundred million tons, and Iron & Steel Industry can step into a stable stage after about 25 years. No.2, that Hunan should develop Iron & Steel Industry...
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