In 2014, China's economy in "steady growth, structural adjustment, and promote reform" and the economic growth rate run into the shift period, structural adjustment face pains, the reform has not yet fully launched. Iron and steel industry in this year also experienced a painful suffering, excess capacity continues to intensify, steel prices fell back ten years ago, the intensity of environmental protection continues to increase. Low growth, low efficiency, low prices, high pressure, "three high and one low" become the new normal of the steel industry. However, in 2015, with the supply of iron ore continue to increase, the new iron ore supply pattern is expected to form, the new business model is also being formed, the steel industry in the transformation and upgrading period, is facing new opportunities, More challenges.