The Investigation Report On The Development Of Hebei Iron And Steel Industry And Financial Support

In recent years, affected by the economic downturn, overcapacity, environmental protection, national industrial policy and other factors, the iron and steel industry is facing unprecedented pressure, lead to enterprise management condition worsening, the number of loss-making enterprises increasing, Hebei Province is no exception. Hebei iron and steel industry is a pillar industry of economic development in Hebei Province, its development situation is related to the stability of economic and social stability in Hebei Province. We should correctly analyze the running status of the steel industry in Hebei Province, and then find the main problems, and finally find the right way to promote the healthy development of the iron and steel industry in Hebei Province. It is not only the focus of the government’s attention, but also an important subject in theory research. Therefore, in order to provide a theoretical basis for decision makers to choose the research topics.Iron and steel industry is a major customer of bank loans, bank to help the development of the steel industry to help achieve a win-win situation In this paper, the author first introduces the present situation of Hebei iron and steel industry and the situation of bank credit support, and then analysis of their basic situation, found a lot of problems. The investigation found that there are many problems in the development of the steel industry, including low industrial centralization, backward business model, irrational product structure. There are also many problems in banking, including high loan concentration, potential risky mortgage loans, etc. At present, the government of Hebei province put forward the development strategy for the steel industry to compress capacity and carry out the adjustment of the industry. To realize this strategic goal, combining with the development of steel industry in hebei province and bank support and characteristics, this paper puts forward some suggestions: For the steel industry, the industry should be through mergers and acquisitions, restructuring and upgrading, innovation and business model to improve their profitability and other ideas to speed up the rectification; And the banking financial institutions should use financial support to help the steel industry to achieve the transformation and upgrading and diversified development, Under the premise of effective prevention of credit risk.