Iron and steel is the most widely used structural materials and important functional materials, for a country's industrial development and economic development, it has an irreplaceable important role. Recalling the development of Europe, the United States, Japan and other developed countries, the majority of its industrial development are starting from the iron and steel and other basic industries, have also experienced steel "to production capacity" structural adjustment process.
It is noteworthy that, in the current round of global steel overcapacity adjustment, China has made a significant contribution to the "12th Five-Year" period out of the cumulative steel production capacity of about 0.9 million tons, and specifically for the steel production capacity to the State Council issued a document As well as into the system of supporting policy measures, "13th Five-Year Plan" period will be reduced crude steel production capacity of 100 million ~ 150 million tons, 2016 annual target task is a foregone conclusion.
China's steel development has its own characteristics, can not mechanically copy the so-called foreign experience. In contrast, there are a lot of foreign capacity to go, we have actually been used in China, and do better, more big country responsibility, such as China did not like some countries in the capacity adjustment period to blindly use trade protection Measures.