How does the U.S. steel industry go to capacity?
How to effectively remove production capacity in traditional industries such as iron and steel is an important issue for China's economic transformation and upgrading. In this regard, the United States in the economic “stagflation” period of the steel industry to the experience of production capacity, can give us a lot of inspiration.
As the “skeleton” of the national economy, the industrial cycle of the steel industry is closely related to the macroeconomic cycle. The global economic downturn and shrinking demand are often the main reasons for overcapacity in the steel industry. In the history of modern economic development, many countries have encountered the problem of overcapacity in the steel industry, the reasons for excess capacity and the process of overcapacity are worth studying and summarizing. 1970s and 1980s, the U.S. economy “stagflation” during the emergence of more serious steel overcapacity, experienced a long period of de-capacity process, and achieved a better result. Production capacity process, achieved better results, the United States during this period of relevant measures to our current capacity has a certain reference significance.
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How does the U.S. steel industry go to capacity?
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