Research On Financing Efficiency Of B Steel Manufacturing Enterprise

As a pillar industry of the national economy,the steel manufacturing industry has characteristics such as high industrial correlation effects,intensive capital and technology,and strong employment stability.It has a significant part in the entire national economy,from pure extensive steelmaking in the early days of the founding of the PRC to the systemic production after the reform and opening up,as well as the refined production in recent years,seems to be a flick of a handful of generations of unremitting efforts.Now the steel industry with the most complete industrial production system in the world's industrial chain is gradually being built,and it continues to contribute to the country's economic construction,fiscal budget,defense industry,and trade.However,in recent years,the country's steel industry has faced a severe and precipitous development trend.The demand for steel has been shrinking,and the production capacity has been severely overcapacity.The sustainable development breakthroughs of steel companies have drawn great attention from the society.Therefore,under this severe form,supply-side structural reforms based on de-capacity,de-stocking,deleveraging,cost reduction and shortcomings came into being,and improved to take the lead in starting from the old pillar industries such as steel and coal to effectively break through the steel industry.Continue to regulate the direction for its healthy and steady development.In addition to the guidance and support of policy,capital is always indispensable to the reform and development of enterprises,so it is an important way to improve the efficiency of enterprise financing.In order to survive and develop in the long run,the Iron and steel enterprises need to analyze and optimize their financing efficiency objectively according to local conditions,keep close to the market demand,and constantly enhance the integration and use efficiency of funds.Therefore,how to use the existing financing model and form the optimal combination is very important,and improving the financing efficiency has become a necessary condition for enterprise development.Optimizing the financing mode of iron and steel enterprises,strengthening its attraction and vitality to the capital market,giving full play to thecapital market to optimize the allocation of resources is the only way for iron and steel enterprises to survive and develop.