Research on Steel Industrial Restructuring in China based on SCP Framework

Xinxin Zhang

Economics College, Shandong Woman University, Jinan, 250000, China

Abstract: The steel industry has always been the pillar industry of China’s economy. In recent years, the de-velopment of China’s steel industry has been relatively poor. In order to enhance the competitiveness of Chi-na’s steel industry and promote its long-term development, China’s steel industry has been restructured. In the process of restructuring, SCP framework is used to complete the analysis and research of steel industrial restructuring, and also complete the analysis of the development status of China’s steel industry, take the analysis results as the data basis for the restructuring. Compared with the restructuring mode, the cross-regional restructuring mode is selected as the steel industry restructuring mode. The SCP framework is used to analyze the performance of the steel industry, and the corresponding performance problems of the steel industry are obtained. Based on the above problems, the restructuring measures are set. The reorganization process is completed through government regulation and increasing the proportion of micro-enterprises. At this point, the analysis of China’s steel industry restructuring based on the SCP framework is completed. The research content provides the corresponding theoretical support for the steel industry in the future and improves the structure of China’s steel industry.

Keywords: SPC framework; Steel industry; Industrial restructuring; Status analysis