Research On Function Of The Local Government In The Iron And Steel Industry Structure Adjustment

Iron and steel industry is the basic industry of China.This industry has made great contribution for the stable and healthy development of national economy in the long run.However,in recent years,this industry went into a new normal,which showed as "low growth,low efficiency,low price and high pressure".The low industrial concentration,weak technological innovation ability,unreasonable distribution and environmental carrying capacity are the realistic problems which urgently to be solved.In this paper,with the goal of the iron and steel industrial structure rationalization and advanced,and perfecting the iron and steel industry structure adjustment policy.First of all,we analyzed the connotation of iron and steel industry structure optimization,industrial structure adjustment policy in the outstanding problems that exist in the development and implementation process,and the structure optimizing direction;Secondly,used the SCP methods to discuss China’s iron and steel industry structure adjustment,the result showed that the industrial concentration was low,the products were homogeneous,the low barriers to entry and the high barriers to exit were the characteristics of Chinese steel industry market structure,what is more,these phenomena leaded to a lack of pricing power of the steel enterprises,while the government used the merger and reorganization to promote the steel industry market concentration,but because of the background of the reality of low barriers to entry,the industry’s concentration was unable to ascend,the R&D investment in the enterprise was also insufficient;In the terms of market performance,while the comprehensive energy consumption and energy consumption in each process of iron and steel enterprise decreased significantly,as a result of the excess capacity,most of the enterprise’s profit declined,the competitiveness of iron and steel products is weakly,the overcapacity situation in the short term was difficult to be resolved;Finally,according to the domestic and foreign steel industry structural adjustment policies and China’s own situation,the policies such as promoting industrial concentration,improving enterprises’ technology innovation ability,improving the steel industry chain,optimizing the industrial layout,and realizing green steel industry development were put forward at last.