Happiness & worry combined for the 1st Steel Industry Develo
Happiness & worry combined for the 1st Steel Industry
Development Policy "Steel industry development policy", the first state policy on
steel has been issued by NDRC on July 20, 05, which is the second
industry policy following "auto industry development policy" in
China.According to the new policy, China government will tighten
steel industry concentration, increase technology & economy
index standard and strengthen investment management to enhance
steel industry entrance permission requirement. Meanwhile, the
government should also support integrated backbone enterprises to
establish raw materials supply base abroad.Analyst thought that
along with industry structure modification, large steel enterprises
will confront with new opportunities for development by means of
more shareholding activities.China will not loose lion'