RESEARCH ON THE DEVELOPMENT PATH OF THE STEEL INDUSTRY IN THE YANTAI HUANGBO NEW AREA AMID IN-DEPTH INDUSTRY ADJUSTMENT
China's steel industry has evolved from a weak to a strong position,increasingly serving as a vital pillar for national economic development.However,due to global and domestic economic influences,the industry is currently experiencing a complex transition characterized by supply platform realignment,demand adjustment,and diverging profits,coupled with significant supply capacity pressures,stringent industrial policy controls,and diverging profitability across firms.Under the current complex circumstances,to bolster economic resilience,Yantai Huangbo New Area is actively developing an industrial echelon system with the aim of nurturing the steel industry to achieve a value of over 10 billion yuan.This article concentrates on the developmental objectives and tasks of the steel industry in the Huangbo New Area.By examining the development trajectory of China's steel industry,it explores the upcoming trends and examines a path for steel industry development that aligns with the unique conditions of the Huangbo New Area.
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