Research On The Competitiveness Of China's Iron And Steel Industry

The iron and steel industry is a basic industry for the development of the national economy.It is a capital,resource,technology,and energy-intensive industry.Its industrial relevance is high,and it has an important impact on the national economy,social development,and people's living standards.The competitiveness of the steel industry.The promotion has an important role in improving China's national economic industrial support,safeguarding national security,and enhancing China's trade status.The further deepening of economic reform in the new era has accelerated the pace of globalization.The development of China's steel industry is changing with each passing day.At present,China's crude steel production ranks first in the world.At the same time of production growth,there have been great progress in variety quality,technical level,equipment renewal,energy conservation and environmental protection,but at present,“big but not strong” has become a drawback of the development of China's steel industry.This paper firstly discusses the definition of steel industry,industry classification and the main characteristics of steel industry,and then discusses and analyzes the competitiveness of China's steel industry in detail,including the bargaining power of steel industry suppliers,buyers' Bargaining power,competitiveness within the steel industry,the ability of potential competitors to enter,the threat of alternative products,and so on.By collecting the economic data of Baowu Group in the past ten years as an empirical study,we will further analyze the competitiveness of China's steel industry.After a detailed understanding of the competitiveness of China's steel industry,this paper has conducted a more in-depth discussion on the problems existing in the process of China's steel industry participating in the market competition.Finally,the above discussion is carried out in a certain way,in order to effectively promote the rapid development of China's steel industry,based on micro and macro perspectives,put forward strategic methods and opinions with reference utility value.