The Comparative Study of the Competitive Power of the Steel Industry of Every Province in China Based on Correspondence Analysis Method

AbstractThis paper analyzed and compared the competitive power of steel industry of 30 provinces in our country. At first, we extracted the data containing 16 economic indicators to reflect each province's business conditions of steel industry, then used correspondence analysis method to process the data. We can get every province's level located in the domestic steel industry and its corresponding advantage. This conclusion has important reference value for every province to develop its steel industry's policy