Countermeasures Analysis on Removing the Excess Production Capacity of Yunnan State-Own Iron and Steel Corporation

DOI

10.2991/essaeme-17.2017.190How to use a DOI?

Abstract

In recent years, Chinese iron and steel industry has gone through a tough period of time, due to the huge excess production capacity and the relatively low market demand. Along with the building market demands cooling down, the consumption of crude steel are constantly decreasing. The state council noted that China will cut crude steel production capacity by 100 to 150 million tons in five years. Under this circumstance, the KISC Corporate, as a state owned corporation, is one of the steel overcapacity members in the industry as well. This article based on the reality of the KISC Corporation steel excess production capacity, by looking back the measures of the corporation and the local governments' policies, to analyze the effectiveness of the countermeasures for solving the overcapacity. Hopefully to find a feasible way to remove the excess capacity without serious unemployment.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Keyi Zhao
PY  - 2017/07
DA  - 2017/07
TI  - Countermeasures Analysis on Removing the Excess Production Capacity of Yunnan State-Own Iron and Steel Corporation
BT  - Proceedings of the 2017 3rd International Conference on Economics, Social Science, Arts, Education and Management Engineering (ESSAEME 2017)
PB  - Atlantis Press
SN  - 2352-5398
UR  - https://doi.org/10.2991/essaeme-17.2017.190
DO  - 10.2991/essaeme-17.2017.190
ID  - Zhao2017/07
ER  -