Hebei Iron And Steel Industry Consolidation Issues

Iron and steel industry has an important place in the national economy. China is in the phase of industrialization accelerated and new economic cycle, the rapid development of economic stimulates China's steel industry which showed sustained high growth. However, the development of steel industry has serious problems, such as unreasonable location of production, low industry concentration and so on. How to achieve structural optimization and upgrading of the steel industry is one of the main topics of the steel industry.In recent years, Hebei steel industry is developing rapidly, playing an important role in boosting the province's economy. The scale of steel enterprises in Hebei is small, economic efficiency is not high, there is a gap compared with advanced foreign and domestic iron and steel enterprises. In the background of iron and steel enterprises accelerate the pace of industry consolidation all over the world, only iron and steel enterprises in Hebei accelerate the industry consolidation can maintain and enhance its competitiveness. It is fully accord with the objective requirements of economic sustainable development to promote the structural adjustment of the steel industry. Analysis and research Hebei iron and steel industry consolidation has positive practical significance.The main ideas of this paper is as follows:firstly, introduce the theoretical basis of industry consolidation; followed by the reason of integration in Hebei, then based on the integrated actual situation in recent years, analysis the practice characteristics and the results achieved of steel industry consolidation, summarize problems. To the further integration of the steel industry in Hebei, put forward relevant suggestions from three aspects.