The Empirical Study on Dynamic Relationship between Domestic and Global Steel Price
With an open view to research steel market, especially to study steel price which take as the steel market indicator, the paper tries to objectively reflect the impact of Chinas steel on Global market by making the empirical analysis on the interaction and volatilities between International and Chinas steel market. The results indicated that Chinas steel price have one-side guide role on the global steel price, that is to say, Up and down of Chinas steel price will foreboding the global steel price. This shows that Chinas steel has the right to speak on the global market, Meanwhile, There are some questions on long-term sustainability open and development of Our steel industry. It should followed development principles, which are sustained and stable development, promoting industrial restructuring and taking into account all interests.
Steel Price Dynamic Relationship Market Interaction Price Fluctuation
Dou Bin
School of Management South-Central University for Nationalities Hubei, China, 430074
国际会议
上海
英文
2007-09-21（万方平台首次上网日期，不代表论文的发表时间）