China: Steel Industry

    Research output: Chapter in Book/Report/Conference proceedingEntry for encyclopedia/dictionary

    Abstract

    The development of China’s steel industry has been phenomenal in the past 30 years in terms of both the speed and the scale of the industry’s growth and development. By 2014, the Chinese crude steel output reached 823 million tonnes accounting for just above 50% of the total global steel outputs in that year (Song and Liu, 2012). The purposes of this chapter are to provide some historical background of the industry development including its rapid expansion over the reform period, discuss the key issues involved in the structural changes of the industry, and how the industry copes with the new challenges in China’s move towards economic rebalancing.
    Original languageEnglish
    Title of host publicationEncyclopedia of Mineral and Energy Policy
    Editors Gunter Tiess, Tapan Majumder, Peter Cameron
    Place of PublicationBerlin
    PublisherSpringer Berlin Heidelberg
    ISBN (Print)978-3-642-40871-7
    Publication statusPublished - 2017

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