During the process of sustained, steady and rapid development of iron and steel industry in China, close attention has been paid to the adjustment and optimization of structure with remarkable results attained. In 1997, 107. 57 million tons of steel, 11.374 million tons of pig iron and 97 million tons of steel products were produced in mainland China. China has become the number one country of iron-, steel- and steel products- making in the world. In order to adapt to the requirement of the realization of two fundamental changes of socialist market economy and intensive management, optimization of the structure of technology and equipment as well as the structure of operation and management were pushed forward all-sidedly in the iron and steel industry on the basis of rationalization and specialization of the structure of products. Being an intermediate and central link of the whole process of iron and steel production, steel-making plays an important role in the optimization of structure. Concurrently with the realization of its own optimization, it promotes the optimization of ironmaking and raw materials preparation as well as the optimization of steel-rolling. At the same time, since steelmaker is the principal user of ferroalloys, it will necessarily put forward new demands of optimization on ferroalloy production and ferroalloy products.
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