Turning to the steel industry and the problem of excess production capacity, the Liaocheng seamless business experts said that the steel industry in the financial crisis affected a large, but not because of the existence of iron and steel industry in the long-term problem of excess production capacity, but mainly due to cyclical overcapacity and structural overcapacity. At the same time, experts expressed the belief that the financial crisis and the revitalization of industry, economy and other macro-policy stimulus package to help the steel industry adjust the industrial structure, increase effective capacity, access to long-term development.

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