As a result of the implementation of policies as “Transformation，Optimization，High-quality，Benefit growth”，the production of steel products increases rapidly and economic benefits achieves monthly profit. However，the steel industry in our province is faced with great challenge owing to various negative factors such as：the slowdown of economic growth at home and abroad，insufficiency of market demand，excess production capacity. Looking forward，we are confronted with challenge and risk，demand and growth. Provided that policies as structural adjustment，steady increase and elimination of the contradiction of excess capacity were implemented，we can break through the bottleneck to seek the new development for steel industry. Based on the past successful experience，we can put forward suggestions to promote the development of steel industry.