IRONING OUT DIFFICULTIES  

作　　者：Ma Xiaowen 

出　　处：《Beijing Review》2016年第13期16-16,共1页北京周报（英文版）

摘　　要：The iron and steel industry aims to reduce capacity and boost demand China＇s iron and steel industry is shackled by problems derived from excess production capacity over the past years,triggering a plunge in the price of steel.＂[Overproduction in the industry]is a widely known fact,＂said Ma Guoqiang,head of the China Iron and Steel Association and President of the Wuhan Iron and Steel （Group） Corp. （WlSCO）, in an interview by the website of People＇s Daily. Ma added that the surplus in production was a result of the fast growth that both the global and domestic economies had witnessed in previous years. Dudng the heydays of economic growth, the industry had to keep up with the growing demand on raw materials such as iron and steel, which led to decisions to expand capacity.The iron and steel industry aims to reduce capacity and boost demand China’s iron and steel industry is shackled by problems derived from excess production capacity over the past years,triggering a plunge in the price of steel."[Overproduction in the industry]is a widely known fact,"said Ma Guoqiang,head of the China Iron and Steel Association

关 键 词：钢铁工业 生产能力 经济增长 钢材价格 原材料 中国 武钢 总裁 

分 类 号：F426.31[经济管理—产业经济] F124