On August 31, the 2009 Top 500 Enterprises Forum sponsored by China Enterprise Federation and China Entrepreneur Association was held in Jinan today. The representative of Anshan Iron and Steel Group Co., Ltd. attended and made a speech.

Introducing the current situation of the steel industry, the representative of Anshan Iron and Steel Co., Ltd. said that although the current output of iron and steel keeps breaking new records every month, the new output and products, which the market has digested, show that it is in demand, but this state of affairs can not be sustained, because we are now in the peak area of the platform in the whole industry, this is the case. After how long the peak area lasts, it must be downward. At that time, our iron and steel enterprises must face a new round of fierce competition.

In this situation, we have many problems to solve. To solve these problems, it is not only the problems of our enterprises, but also the problems of the industry.