ABSTRACT
The global financial crisis in 2008 and the related European debt crisis in 2009
have brought a big disruption to developed countries’ economies. As a result, The
growth rate of those countries slows down, and the economic hardship goes through the
world, and the investment and export of China has also been badly affected. During
recent years, GDP growth rate falls back to 7.5%, and iron and steel industry as a pillar
in China is also in its low ebb. At the same time, because of the steel overcapacity, bad
innovation of smelting technology, little added value of products, over dependence on
import of some raw materials such as iron ore, air pollution control andenergy
conservation and emission reduction, more and more iron and steel companies in China
has been shut down because of their heavy losses and heavy pollution. Handan Iron and
Steel Group Co. Ltd, China is a typical state enterprise. Its output in 2013 is 1.2 million
tons, annual sales is 67 billion. However it also faces the same problems mentioned
before. We urgently need to take effective measures to solve these problems, this is the
purpose and significance of the research.
How can Handan Iron and Steel Group Co. Ltd solve these problems based on its
own situation is the main content of this essay. In this essay, first part is about the
different views of enterprise strategies and enterprise sustainable development and the
importance of keeping sustainable development to iron and steel companies. Second is
analyzing environment of Handan Iron and Steel Group Co. Ltd inside and outside by
using tools such as SWOT analysis, diamond model, five forces model of competition,
strategy team analysis andvalue chain analysis to find the problems restricting the
company keep sustainable development. Third is analyzing advantages and
disadvantages, opportunities and challenges of the company by using SWOT analysis to
make the company’s strategy of sustainable development. At the end of this essay, it will
talk about the implementing guarantee on its’s strategy.
Researching on the strategy of Handan Iron and Steel Group Co. Ltd, this essay
makes the suitable strategy of sustainable development to help the company keep its
advantages in economy, environment, society, improve its ability of competition, grow
healthily. At the meantime, I hope this essay can provide reference for other companies
in making strategy of sustainable development.
Key Word :Iron and Steel Industry; Sustainable Development;
Strategy Research; SWOT Analysis