The Excess Capacity Of Steel Industry Of Shanxi Province

Steel industry is engaged in ferrous metal mineral acquisition and the activities of industrial production, such as black metal smelting processing industry, is one of the most important basic industry and industrial raw materials. As the basic and pillar of the development of national economy, the healthy development of steel industry is related to the national economy steady growth. In recent years, due to the steel industry overcapacity, capacity utilization deficiency caused by the supply of steel products, steel prices falling, the overall benefit declining industry, insufficient business difficulties, profit and so on, has become an important factor of the normal operation of the steel industry in Shanxi Province, and then become the sticking point of economic development in our province, and even affect the healthy development of national steel industry and the steady development of national economy.Research the present situation of the steel industry overcapacity in Shanxi Province, analysis the cause of the steel industry overcapacity in our province, further to explore the effectiveness and shortcomings of the current policy on resolving overcapacity in our province, helps to deepen understanding of steel industry overcapacity problem in Shanxi Province, scientific grasp the direction of the steel industry development in our province, effectively dissolve excess capacity, promote the sustainable and healthy economic development in our province.In this paper the research content mainly includes four parts, the first part is the development of steel industry in Shanxi Province and overcapacity situation analysis, by comparison with the national and the basic status of steel industry in Shanxi Province, points out that the steel industry in Shanxi Province, a comprehensive understanding of the situation of the steel industry in Shanxi Province, on the basis of excess capacity related theory, through the comparison of national and Shanxi steel industry overcapacity of several related indicators, covers the capacity utilization, operation of the steel enterprises, product prices, profitability as well as steel supply and demand forecast in the future, the main performance and characteristics of the excess capacity in Shanxi. The second part is analyzing the cause of Shanxi steel industry overcapacity, respectively from two aspects of direct and indirect reasons for analysis. The third part is the evaluation of current policy dissolve the steel industry overcapacity, the interpretation of the current main policy, dissolve the overcapacity and melt the excess capacity effectiveness analysis of Shanxi Province and the shortage of the existing policy. Is the fourth part puts forward some countermeasures, the comparison, the cause of formation of overcapacity and the shortage of the existing policy, put forward policy Suggestions.In the steel industry in Shanxi Province in this paper, on the basis of current situation and shortcomings of combing with reference to the domestic experts on excess capacity evaluation index, through the steel industry in Shanxi Province in recent years, the price of steel, industrial benefit, capacity utilization, industrial supply demand forecasting and so on data analysis, understand the national steel industry overcapacity represent big background, the steel industry overcapacity phenomenon is particularly serious in Shanxi, and presents the characteristics of the structural surplus and low level surplus.Steel industry in Shanxi Province is mainly affected by severe overcapacity suppliers investment-led economic growth and the demand of low consumption ability are the result of double stack effect. In addition, the local government due to the effect of fiscal decentralization system and GDP achievement appraisal system, the enterprise because of information asymmetry, lack of capacity production overcapacity early warning, the influence of such factors as driving blind investment, overheated investment in steel industry, also led to the steel industry overcapacity in Shanxi Province.In order to resolve our country steel industry overcapacity, the state council have formulated and implemented a series of industrial structure adjustment guidance policy, under the macro-control policies and measures to promote, dissolve the steel industry overcapacity work throughout the country continue to orderly. From the policy implementation effect analysis, in Shanxi Province at present dissolve excess capacity priority focus on control capacity, the demand for mining, optimize the structure, establish a mechanism and so on work performance is not significant. By analyzing the causes of excess capacity and dissolve excess capacity policy comparison, to investment-led economic growth pattern and low levels of consumer demand imbalance between supply and demand contradiction is not solved effectively, the local government’s fiscal decentralization and the GDP achievement appraisal system needs to be improved, capacity information release and overcapacity warning mechanism is not fully established.To this, this thesis puts forward gradually into consumer-focused investment-led economic development model, mining steel demand; Strict enforcement of energy consumption and pollutant emission regulation, reduce unqualified production capacity, reduce the stock of steel production capacity; Put an end to improper intervention of local government, refused to visible hand of government to promote investment, curb steel investment impulse; Build capacity information release system and monitoring and early warning system, and provide reference for enterprise investment; Encourage enterprises to go out; Strengthen the innovation of enterprise technical countermeasures and Suggestions.