The paper briefs the recent development of China＇ s Iron ＆ Steel Industry from the view of a refractorie., worker. Some data and statistics have been revealed in the paper including total output of steel, geological...The paper briefs the recent development of China＇ s Iron ＆ Steel Industry from the view of a refractorie., worker. Some data and statistics have been revealed in the paper including total output of steel, geological distribution of key steel enterprises, productivity, facilities, technical and economical indices as well as technical advance achieved in. the last ten years. Structural adjustment and consolidation occurred in China＇s Iron ＆ Steel industy has also been described. The views on how much steel is demanded in China in the near future advanced by a steel expert has been accepted as the conclusion of the paper.展开更多
Iron ＆ Steel Industry China＇s outputs of crude steel, steel products, coke and ferrous alloys in 2012 were 716.54 million tons （up 3.1% YOY）, 051.86 million tons （up 7.7% YOY）, 443.23 million tons （up 5.2% YOY...Iron ＆ Steel Industry China＇s outputs of crude steel, steel products, coke and ferrous alloys in 2012 were 716.54 million tons （up 3.1% YOY）, 051.86 million tons （up 7.7% YOY）, 443.23 million tons （up 5.2% YOY） and 31.29 million tons （up 15% YOY）,展开更多
Since China began to pursue the policies of reform and opening, its iron and steel industry has been following the strategic principle of making use of "two resources, two markets and two kinds of funds," an...Since China began to pursue the policies of reform and opening, its iron and steel industry has been following the strategic principle of making use of "two resources, two markets and two kinds of funds," and has made eyecatching progress in expanding opening to the outside world and international cooperation. In 1993, the industry utilized some US$900 million in foreign capital,展开更多
Outdated Capacity to Be Eliminated The iron and steel capacity has reached 660 million tons in China, but the actual market requirement is only 470 million tons, so the excess-capacity is 190 million tons. National De...Outdated Capacity to Be Eliminated The iron and steel capacity has reached 660 million tons in China, but the actual market requirement is only 470 million tons, so the excess-capacity is 190 million tons. National Development and Reform Commission of China declared the new capacity and expansion capacity in iron and steel industry will not be authorized. 400 m^3 or below blast furnaces and converters and 30 t or below electric furnaces will be eliminated by the end of 2011.展开更多
Running Situation of China＇ s Nonferrous Industry in First Half of Year 2009 The output of ten nonferrous metals of China in first half of year 2009 decreased to 11.7 million tons decreasing 5.1% year on year, in wh...Running Situation of China＇ s Nonferrous Industry in First Half of Year 2009 The output of ten nonferrous metals of China in first half of year 2009 decreased to 11.7 million tons decreasing 5.1% year on year, in which that in June was 2.21 million tons decreasing 1.3% year on year. The value added of China＇ s nonferrous industry decreased 6.9% year on year.展开更多
As the biggest iron and steel producer in the world and one of the highest CO2 emission sectors, China’s iron and steel industry is undergoing a low-carbon transition accompanied by remarkable technological progress ...As the biggest iron and steel producer in the world and one of the highest CO2 emission sectors, China’s iron and steel industry is undergoing a low-carbon transition accompanied by remarkable technological progress and investment adjustment, in response to the macroeconomic climate and policy intervention. Many drivers of the CO2 emissions of the iron and steel industry have been explored, but the relationships between CO2 abatement,investment and technological expenditure, and their connections with the economic growth and governmental policies in China, have not been conjointly and empirically examined. We proposed a concise conceptual model and an econometric model to investigate this crucial question. The results of regression, Granger causality test and impulse response analysis indicated that technological expenditure can significantly reduce CO2 emissions, and that investment expansion showed a negative impact on CO2 emission reduction. It was also argued with empirical evidence that a good economic situation favored CO2 abatement in China’s iron and steel industry, while achieving CO2 emission reduction in this industrial sector did not necessarily threaten economic growth.This shed light on the dispute over balancing emission cutting and economic growth.Regarding the policy aspects, the year 2000 was found to be an important turning point for policy evolution and the development of the iron and steel industry in China. The subsequent command and control policies had a significant, positive effect on CO2 abatement.展开更多
In recent years, China’s industrialization and urbanization have deepened, and the economy has grown considerably. But at the same time, they have also brought about many environmental problems. As a pillar of the na...In recent years, China’s industrialization and urbanization have deepened, and the economy has grown considerably. But at the same time, they have also brought about many environmental problems. As a pillar of the national economy, the iron and steel(IS) industry is one of the most emitting and energy-consuming sub-sectors of the industrial sector. It is also one of the industries with the most severe overcapacity problem in China. In this paper, we explore the impact of capacity utilization on carbon dioxide emission based on panel data of China’s iron and steel industry from 2005 to 2014. We also tested the heterogeneity in different regions and different sub-samples. Results show that capacity utilization and carbon dioxide emission are positively correlated. However, the impact of capacity utilization on carbon dioxide emission differs when considering regional heterogeneity. Results in all three regions show a positive relationship between capacity utilization and carbon dioxide emission,but the impact intensity is strongest in the western region, followed by the eastern and central regions.Moreover, capacity utilization impacts carbon dioxide emission by influencing firm numbers in the iron and steel industry and energy consumption. Further analysis shows that there exists a threshold effect in different stages of energy consumption and energy structure. Finally, some findings and practical policy recommendations are provided.展开更多
文摘The paper briefs the recent development of China＇ s Iron ＆ Steel Industry from the view of a refractorie., worker. Some data and statistics have been revealed in the paper including total output of steel, geological distribution of key steel enterprises, productivity, facilities, technical and economical indices as well as technical advance achieved in. the last ten years. Structural adjustment and consolidation occurred in China＇s Iron ＆ Steel industy has also been described. The views on how much steel is demanded in China in the near future advanced by a steel expert has been accepted as the conclusion of the paper.
文摘Iron ＆ Steel Industry China＇s outputs of crude steel, steel products, coke and ferrous alloys in 2012 were 716.54 million tons （up 3.1% YOY）, 051.86 million tons （up 7.7% YOY）, 443.23 million tons （up 5.2% YOY） and 31.29 million tons （up 15% YOY）,
文摘Since China began to pursue the policies of reform and opening, its iron and steel industry has been following the strategic principle of making use of "two resources, two markets and two kinds of funds," and has made eyecatching progress in expanding opening to the outside world and international cooperation. In 1993, the industry utilized some US$900 million in foreign capital,
文摘Outdated Capacity to Be Eliminated The iron and steel capacity has reached 660 million tons in China, but the actual market requirement is only 470 million tons, so the excess-capacity is 190 million tons. National Development and Reform Commission of China declared the new capacity and expansion capacity in iron and steel industry will not be authorized. 400 m^3 or below blast furnaces and converters and 30 t or below electric furnaces will be eliminated by the end of 2011.
文摘Running Situation of China＇ s Nonferrous Industry in First Half of Year 2009 The output of ten nonferrous metals of China in first half of year 2009 decreased to 11.7 million tons decreasing 5.1% year on year, in which that in June was 2.21 million tons decreasing 1.3% year on year. The value added of China＇ s nonferrous industry decreased 6.9% year on year.
基金supported by the National Natural Science Foundation of China (No. 41071352)the National Social Science Foundation of China (No. 13BJY030)the National Science and Technology Support Program (No. 2012BAC03B01)
文摘As the biggest iron and steel producer in the world and one of the highest CO2 emission sectors, China’s iron and steel industry is undergoing a low-carbon transition accompanied by remarkable technological progress and investment adjustment, in response to the macroeconomic climate and policy intervention. Many drivers of the CO2 emissions of the iron and steel industry have been explored, but the relationships between CO2 abatement,investment and technological expenditure, and their connections with the economic growth and governmental policies in China, have not been conjointly and empirically examined. We proposed a concise conceptual model and an econometric model to investigate this crucial question. The results of regression, Granger causality test and impulse response analysis indicated that technological expenditure can significantly reduce CO2 emissions, and that investment expansion showed a negative impact on CO2 emission reduction. It was also argued with empirical evidence that a good economic situation favored CO2 abatement in China’s iron and steel industry, while achieving CO2 emission reduction in this industrial sector did not necessarily threaten economic growth.This shed light on the dispute over balancing emission cutting and economic growth.Regarding the policy aspects, the year 2000 was found to be an important turning point for policy evolution and the development of the iron and steel industry in China. The subsequent command and control policies had a significant, positive effect on CO2 abatement.
基金Supported by National Natural Science Foundation of China (72071067, 71601064, 71801067)。
文摘In recent years, China’s industrialization and urbanization have deepened, and the economy has grown considerably. But at the same time, they have also brought about many environmental problems. As a pillar of the national economy, the iron and steel(IS) industry is one of the most emitting and energy-consuming sub-sectors of the industrial sector. It is also one of the industries with the most severe overcapacity problem in China. In this paper, we explore the impact of capacity utilization on carbon dioxide emission based on panel data of China’s iron and steel industry from 2005 to 2014. We also tested the heterogeneity in different regions and different sub-samples. Results show that capacity utilization and carbon dioxide emission are positively correlated. However, the impact of capacity utilization on carbon dioxide emission differs when considering regional heterogeneity. Results in all three regions show a positive relationship between capacity utilization and carbon dioxide emission,but the impact intensity is strongest in the western region, followed by the eastern and central regions.Moreover, capacity utilization impacts carbon dioxide emission by influencing firm numbers in the iron and steel industry and energy consumption. Further analysis shows that there exists a threshold effect in different stages of energy consumption and energy structure. Finally, some findings and practical policy recommendations are provided.
