20075UDC10497ResearchontheMarketPriceMechanismofSteelandEnterprise’sPricingDecision-MakinginChina43006320075ClassifiedIndex:Ph.D.DissertationResearchontheMarketPriceMechanismofSteelandEnterprise’sPricingDecision-MakinginChinaDoctoralCandidate:Supervisor:AcademicDegreeAppliedfor:Specialty:DateofOralExamination:DateofSubmission:UnitofDegreeConferred:XieXiangqianSheLianDoctorofManagementManagementScience&EngineeringMay2007May2007WuhanUniversityofTechnologyWuhanUniversityofTechnologyWuhan430070,Hubei,P.R.ChinaMay2007I2004FourierWIIWIIIAbstractChinaIronandSteelIndustryisfacingstrategictransitionfromabigsteelcountrytoapowerfuloneafterdevelopmentofmorethanhalfcentury.Since2004,aqualitativelychangehashappenedonthesupplyanddemandrelationsofChinasteelmarket.Thesituationofsupplygreaterthanthedemandisbasicallyformed,sothatthestimulantcompetitionofmarketisoccurred.Pricehas,beingthefocuspointofthemarketcompetition,increasinglybecometheimportantmeansofallbigsteelmakersanddealersforpreemptingmarketsharesandcreatingcompetitionadvantages.Therefore,systematicstudyofmarketpriceofsteelproductscanprovideascientificbaseforformulatingthepricestrategyofanindustry,andproductspricingsoastoheightenthecorecompetitivenessofoursteelenterprises.ThedissertationsetsChinasteelproductmarketasresearchsubject.Basedonthehistoryanduptodatedevelopmentsofiron&steelindustries,theauthorfocusesonanalyzingpricefluctuationanditsfactorswiththeapplicationofmodernscientificanalysismethodandresearchtools,andtriestodiscoveranddescribethepricemechanismundertheshroudofmarketdata,andinthemeantimetoestablishthemathematicmodeladaptingtodeferentcompetitivesituationandmarketstructure,thusmakeainstructiveandsuccessfuldiscussiononthepricedecisionapproachforChinairon&steelenterprises.Thedissertationdepictsthefluctuationtrackingandcharacteristicsofsteelproductmarket,basedonanoverallreviewandanalysisofcurrentstateaswellasthehistoricaltransitionofChinasteelproductmarketsincegeneraladoptionofthemarketprinciple.Itfiguresoutthetimedomainandfrequencydomainrulesandfeaturesimplicatedinthepricedatasets,bymeansofcomprehensiveindexationprocessingofthepricedataandcommonstatisticanalysisoncomprehensivepriceindexviathestatisticsoftwareaswellasFourierconversionofsteelproductindexbyintroducingsignalprocessingandanalysistechnology.Thedissertationestablishesapricetheoryinlinewithcurrentinformationeconomy:thefieldeffecttheoryofvalueandprice.Inlinewiththesaidtheory,itIVmakesacompletequalitativeandquantitativeanalysisonvariousfactorsinfluencingthepricesinChinasteelproductmarket.Thefluctuationmechanismofsteelmarketisanalyzedinfollowingthreeaspects:thesystematology,equilibriumpricetheoryandmanifestation.Andfourmodelsofpricemechanismareestablished.ThedissertationindicatesthatcurrentmarketstructureofChinasteelproductapproximatesfullcompetitionmarketbycitingtheconceptofdegreeofconcentration.Apartfromthat,marketstructuresforthreemajorproductsareprobedinordertoformthepricemechanismmodelsrespectively.Themarketpricesupervisionsystemofnationalimportantsteel(developedbyWcompany)provestheactualapplicationvalueofpricemechanismandpricemodel.Also,theauthordiscussesinthisdissertationthepredictionmethodofsteelproductmarketprice,theanalysismethodupontheoverallenvironmentanddevelopingtrendofiron&steelindustries,thecompetitorsaswellaspriceadjustmentandriskanalysis.WiththesteelcompanyWasanexample,thedissertationalsoexplainsthedetailedapproachofthepricedecisionforChinairon&steelenterprisesandpricemanagementmodebasedondecision-makingsupportingsystem.Theachievementsnotonlyexertaninstructiononthescientificpredictiononmarketpricevariationandpricedecision-makingforChinasteelenterprises,butalsoprovidetheoreticalbasisforrelevantmanagementsectorofthetradeandthepricemanagementandtheoreticalresearchofpricemanagementauthorities.Keywords:steelproductspricemechanismpricemodeldecision-makingonpriceV1...........................................................................................................11.1..................................................................................................21.1.1.......................................................................................21.1.2.......................................................................................21.1.3...........................................................41.2......................................................................................51.2.1.......................................................................51.2.2...........................................................................................71.3.................................................................................................71.3.1..............................................................................................71.3.2..................................................................................81.3.3............................................................................................111.3.4.............................