By Li Zuojun　

Date: 2003/12/07

Abstract:

China's industrialization has entered the period of "heavy industrialization". Along with the sustainable economic growth, the rapid development of industrialization and urbanization, the fast development of downstream trades such as cars and others as well as the speedy development of private iron and steel industries, the iron and steel trade is experiencing a robust development momentum over the past few years at home. However, some issues have become tangible such as the bottlenecked development for energy and transportation, less trade concentration and the inconsistence between investment for some iron and steel products and the increasing production capacity and the increasing demand for iron and steel market. Under the new circumstances, the government and trade associations should take appropriate countermeasures.