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steel industry serious excess capacity

Ten million tons of steel project in Zhanjiang concern, in addition to the mayor Wang C affectionate a kiss , the economic aspects of performance art and, more importantly, in the MBT Shoes steel industry serious excess capacity , heavy losses , the NDRC years to strictly control new projects are in the case unexpectedly approved. According to statistics , MBT's steel industry in January and February this year, there have been industry-wide losses , 3,4 although realized losses, but profits remain weak in the first four months of domestic and medium-sized steel enterprises still face a loss of up to 33.75% , a loss of steel enterprises amounted to 10.437 billion yuan loss , the amount of loss for the same period last year 32 times . MBT Shoes people is not new to the steel industry , steel industry, four months of 2012 losses , except by the overall macro-economic downturn impact, fundamentally speaking, and MBT Shoes steel industry overcapacity over the years as well as the overall production of low-end products has a direct relationship . In 2011 , for example, MBT has reached 900 million tons of crude steel production capacity around the world , accounting for global crude steel production capacity of 46%. Embarrassed to be, but as the world's first steel -producing countries, but some high-end steel products mainly rely on imports . In order to control the production capacity , the NDRC repeated injunctions , even in 2009, three years is not required on the steel industry in the implementation of new projects stringent control measures. In this case , Zhanjiang million-ton steel project can be described as a miracle granted .

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