Internal Innovation,the Hard Core——Analysis to the Steel and Iron Overcapacity

摘要

For China's iron and steel industry, the problem of over-capacity of production has already appeared years before,but became more and more acute after the global spreading financial crisis. In the past,the external demand partly covered up the excess capacity issue,but the ongoing global economic downturn exposed the problem and aroused attention from all parts.By the end of September, the State Council of China officially approved the proposal upon curbing the excess capacity in some sectors jointly made by the National Development and Reform Commission,Ministry of Industry and Information Technology and other related departments. Steel and iron industry bore the brunt among the overcapacity list.