An Research On International Competitiveness Of China’s Iron And Steel Industry

Nowadays, with the high-speed development of the world economy, EconomicGlobalization has become the main trend of economic development in the world.International competition is increasingly fierce. In this form, China’s iron and steelindustry is also facing severe challenges of international competition.‘Go global’ isthe effective measure for the China’s iron and steel enterprises to establish their owninternational statuses. Therefore, if China wants to be real steel power, the coreproblem is how to nurture iron and steel enterprises with a globalization strategyperspective to enhance the overall competitiveness of China’s iron and steel industry.Currently, the global development of China’s iron and steel enterprises have achieveda major breakthrough, International levels have been significantly increased. Thefields of international cooperation have been extended from simple product export tooverseas mining, setting up a steel processing center, investing and building factories,technology research and development. But in the main line to change the patterns ofdevelopment during the ‘12th Five-Year’, Facing the complex and volatile developingenvironment and competitive situation from home and abroad, more and morebottlenecks of China’s iron and steel industry which constrain their own developmentare exposed. How to enhance the level of international competitiveness in the globalmarket competition has become a practical problem that China’s iron and steelindustry has to face and solve.In order to properly analysis the International competitiveness of China’s iron andsteel industry，after learning from the relevant researches at home and abroad, basedon introducing the basic situation of China’s iron and steel industry, this article make asystem analysis about the competitiveness and International competitiveness ofChina’s iron and steel industry respectively.,then analyzing the six elements thataffect the International competitiveness of China’s iron and steel industry by DiamondModel. On this basis, it starts from the relationship between how to enhanceInternational competitiveness of industry and how to implement globalization strategyin order to analyze the promoting role of China’s iron and steel industry through thebackgrounds, necessities, bases and challenges of China’s iron and steel enterprises inglobalization strategies. At last it offers the countermeasures which are used topromote International competitiveness of China’s iron and steel industry based onindustries implement globalization strategy to promote six elements of DiamondModel.