中国钢铁业上市公司的股权结构存在股权过度集中、国有股所占比重过大、机构股东欠缺等不合理因素。这些因素使股东治理权的行使受到阻碍 ,也为公司控制权的转移设置了壁垒 ,影响公司的经营业绩。中国钢铁企业要走向国际市场 ,提高竞争力 ,应改善其不合理的股权结构。 The ownership structure of listed companies in China’s iron and steel industry is characterized by over-concentration of ownership, excessive proportion of state-owned shares and lack of institutional shareholders. These factors have hindered the exercise of shareholders’ rights of governance and also set up barriers for the transfer of corporate control, affecting the operating performance of the Company. Chinese steel enterprises should move toward the international market and enhance their competitiveness, and should improve their unreasonable shareholding structure.