Iron and steel, coal and chemical sub-sectors most persistent overcapacity, which became China's economic transformation must be tackled problems. Data show that six chlor listed companies, Nanning Chemical Industry, Xinjiang Tianye 2012 were a loss of 280 million yuan, 070 million yuan; Chlor-Alkali Chemical recently released a quarterly show, the first quarter profit fell 97.65%. Steel industry is caught in a "the more the more yield loss" of the cycle, the whole industry has five consecutive quarters of losses, but production data has continued to hit new highs. In accordance with the Baosteel Group Chairman Xu Le Jiang's statement, steel profits in May than in April, and it predicted in June than in May poor.
The industry believes that the current in various industries are looking to resolve the overcapacity of the way, and rely on market-based instruments to promote to production capacity or more lasting and effective, while government regulators should transform development ideas, to intensify revise and improve the relevant policies to avoid duplication.