In today's world economic globalization era, the iron and steel industry still maintains a strong national and regional color, is still in a state of independent war.For many countries, iron and steel is a basic raw material industry with an important strategic position. Whether it is independent or not is related to national security. This mindset leads to the internationalization degree of the iron and steel industry far behind the automobile, petroleum, electronics and other industries.However, in this industry with low degree of internationalization, the overseas investment and transnational operation of enterprises are also developing slowly, especially after entering the 1990s, under the pressure of intense international competition, the internationalization of iron and steel enterprises has entered a stage of rapid development.