According to the Securities Times reported in September 19th, yesterday, there is news that American Nucor to $770000000 from the Ansai Arcelor Mittal and Brazil Gail Group acquired Gallatin Steel Corp, Nucor in America steel production capacity is 27000000 tons per year, and quite American iron and Steel Group, the acquisition is completed the production capacity will reach 28800000 tons / year. Nucor also therefore more than American iron and Steel Group, and became the first Steel Corp USA. Logically, most developed countries in the world, as the backbone of the iron and steel industry old industrial change, should be the public attention, but the news in the industry did not cause what repercussions, this only shows that the iron and steel industry, America has little effect on the entire steel industry pattern. Moreover, in the domestic steel industry American, status also already not answer that day.

Put in 100 years ago, America steel industry but unlimited scenery. Carnegie was the world's richest man, when he also lamented to help him cash Morgan "too poor". Carnegie crazy expansion of production capacity, and launched a large-scale mergers and acquisitions, and finally to create their own empire of steel.

Steel smelting process was the invention of new technology soon, the western world infrastructure represent with railway, more and more tall buildings means that the huge demand for steel, with manufacturing industries based on industrial revolution, also need to steel as raw material. On the other hand, the iron and steel industry is very important in the military, military weapons material, the advent of World War II, have more iron and steel manufacturing capacity, the equipment can overwhelm the other side.

Iron and steel plant so important symbol, so for a very long time crude steel output can be used as the strength of a country. Now Chinese annual crude steel output more than 8 tons, is 10 times the America. But no one believes this is because Chinese strength more than America.

Since 1980, the United States, Japan and other countries in iron and steel production has been flat to down. This is because these national infrastructure, real estate construction has been completed, the car retains the quantity is relatively stable, manufacturing to developing countries, so the steel consumption growth stagnation. Good day American steel industry also ended, some bankruptcy reorganization, many factories are sold to Foreign Company.

The large-scale construction Chinese now ongoing, it is a continuation of a hundred years ago, the western countries of large-scale construction, but on a much larger scale, more surprising, Chinese now manufacturing and consumption of more than half of the world's iron and steel. At present, the status of iron and steel in the China is also very important, so a lot of local government is the hope that the introduction of steel, a large steel means a new city, a large Steel Corp can accommodate hundreds of thousands of jobs. But the infrastructure there end, when low levels of iron and steel production capacity will be redundant, this should cause is the steel industry, the share price has been sluggish, the steel plate is the net area to break the capital market, this means that the market believes that some iron and steel production capacity in the future is not required.

Steel demand once peaked, it means the beginning of the iron and steel industry big reshuffle, the enterprise can survive must be good at cost control, management level is superb. For example, Nucor hire million people can finish about 20000000 tons of steel. And the competition winner, also not necessarily is currently on the market of these Steel Corp, for example, Nucor in on century 70 time became involved in iron and steel industry.

The proportion of iron and steel industry in the whole economy will decline. For example, add up to American Steel Corp profits, may be better than a medium software company. This only shows that the more healthy and diversified economy.

It has been Wen Buffett, if the industry disappeared, so how to solve the employment, Buffett comfort, there are always some new industries will rise. Indeed, the capacity of manufacturing industry in developed countries transfer to developing countries, but the high-tech, financial industry provides the higher income for the. Now Chinese services are on the rise, such as online games industry practitioners income level, already more than the iron and steel industry.

China steel industry has a positive factor, is Chinese steel per capita stock is still far lower than developed countries, to reach the United States and Japan and Russia's per capita stock level, existing production based on can maintain production for many years.