Merger and reorganization of iron and steel industry is still the focus of future work

Some people believe that the merger and reorganization of iron and steel industry will continue in 2019, and there is a possibility of acceleration.

The task of eliminating capacity in iron and steel industry is expected to be completed ahead of schedule, and the development of iron and steel industry has achieved remarkable results. However, the "old" problems such as low concentration of industry, insufficient specialization of enterprise production and unbalanced product structure persist for a long time, while the "new" risks such as the "resurgence of backward capacity" and the profound change of international environment become increasingly serious. Therefore, promoting the merger and reorganization of the iron and steel industry, improving the industrial concentration, establishing a high-quality supply system, enhancing the industry's ability to guard against risks, and reducing regional environmental pressure are the only way for the iron and steel industry to achieve high-quality development and large-scale benefits.

Therefore, accelerating the merger and reorganization of the iron and steel industry will be the focus of future reform work at the end of the last production capacity stage.