Abstract:Based on circular economy theory and practices in the iron and steel industry (ISI), a concept of Iron and Steel Industry Circular Economy Development Index (ISCEDI) is put forward, and an evaluation index system of ISCEDI is constructed. The index weight is determined with analytic hierarchy process and entropy method. A comparative analysis of the Chinese ISI circular economy development status and trend is carried out with 2001-2012 time series data. The applicability of ISCEDI is verified. The result shows that the Chinese ISI circular economy is in a good condition, and that capacity and potentiality have not been well optimized.