China's steel industry has a good development prospect. Development of new steel products is an important part of the realization of product structure adjustment, industrial Renaissance, need advanced concept. This article has done a preliminary study. R & D and production of new steel products to the principles of sustainable development as the guidance, for the soul to innovation combined with the situation of driving, to integrate user technology and product upgrading as an important mode of iron and Steel Research and development of new products, and the synchronous lifting technology and equipment level is based on the transformation of iron and steel new product R & D, the technical content in the latest scientific achievements as base material.