Based on the overall understanding of China's manufacturing reform, it is not difficult to find that the reform path and mode of China's steel industry is in line with the requirements of the overall reform of the manufacturing industry, and at the same time it also shows a unique personality characteristics.

First, effectively reduce excess steel production capacity and promote transformation and development. In view of the reduction in international steel demand and the serious overcapacity of domestic steel production, reducing backward production capacity in the industry has become one of the most urgent tasks. At least in the short to medium term, domestic steel production capacity will gradually decline from the historical peak, and eventually stay at the level of production capacity that is compatible with the total domestic and foreign economic demand. At the same time, the country's policy orientation and saved leisure funds will be more inclined to the west and the “Belt and Road” to promote the development of the steel industry in the relevant regions and promote the coordinated development of the regional economy.

Second, the characteristics of “demanding for supply” are becoming more and more significant. Due to the changes in market competition conditions and the influx of new technological factors such as the Internet and big data, the development of China's steel industry has become more rational and efficient. More importantly, the introduction of these factors has caused a fundamental change in the competition model of China's steel industry, namely, gradually abandoning the traditional model of lowering production prices to create competitive advantage, and shifting to an emerging competitive model with active market demand. . At the same time, the importance of cost factors will also decrease. In this context, individualized steel production, that is, “demand-based supply” steel production will become the mainstream of the market.