Iron And Steel Industry Over Capacity Background Development Strategy Study

Today,the world economy is still in a period of sustained growth,coupled affected by the financial crisis a few years ago,when China’s economic development in 2015 also took on greater pressure,every industry have suffered varying degrees of pressure,faced with great difficult task,in which the steel industry is an important industry,it should bear the brunt,assume corresponding responsibilities.Now,the growth rate of China’s steel industry is not particularly high,low economic efficiency,steel prices also decreased significantly,facing increasing pressure,which apparently has become a new normal.With the increased opening and reform,we are facing both new opportunities and great challenges undeniable presence,our economy needs a new development,in order to advance with the times,proactive to change the economic development mode,follow the call of the country,which adjust the structure,change the way of thinking,innovation.This article is to take the Wuhan Iron and Steel Group as an example,the first analysis of its current development status,and then find out the problems and development constraints,and then prescribe the right medicine,with specific and feasible methods to solve practical problems existing.This paper mainly includes five aspects,the first part is the research background,purpose and significance,this article is a broad overview,in-depth understanding of the current situation and the specific circumstances of steel companies in the steel development,the first to have a general understanding of the situation,specifically addressed to facilitate the full text of the future;the second part is to analyze the knowledge of the Chinese iron and steel in addition to the industry in other countries as well as major achievements and progress of the current study,as well as with the Some policy support and preferential policies related aspects,such as governance problems in the market competition in a leading position in order what measures are necessary and so on,through the investigation of this series found in our country on this issue or steel there are a lot of deficiencies,and not our own imagination is so good,still needs to continue efforts to change the status,in order to better development in the future.The third part is the cause of these problems on the steel industry appears to do a more thorough analysis has found that all of this phenomenon is caused by two reasons,including direct and indirect causes of the reason,the direct reason is because we State enterprises to invest too much of the steel industry,indirectly,because in this industry there is still a lot of concrete measures are not perfect,there are still many areas for improvement,you need to work closely with the government,enterprises and individuals among.The fourth part is specifically cited the example of Wuhan Iron and Steel to carry out further elaborated on this issue,it is to analyze the production of iron and steel overcapacity to Chinese steel companies really had an impact on what’s got some very important Conclusion,for example,will bring serious losses directly reduce profits and lead to too many products are sold,in the increasingly fierce competition in the market at a disadvantage.The fifth part according to remedy these problems,practical way to solve problems is committed to propose,specifically including the following aspects,first,to learn the transformation of economic development method,we realized the importance of innovation,and secondly,to improve the enterprise competitiveness,there is the technical side to make efforts to improve technical measures to improve work efficiency.The sixth part is summary and conclusion,as well as the future development of a promise.In this paper there is still exists among many shortcomings,because this is,after all,I am in the access to relevant information on the basis of written,there may be inconsistent with the local practice,hope to have the opportunity to improve.