Current trends in the development of the global ferrous metals market
https://doi.org/10.46554/1993-0453-2023-12-230-9-19
Abstract
The objective of the study is to conduct a comprehensive analysis of the directions of increasing the economic potential of the Russian metallurgical industry through the policy of import substitution in the face of unprecedented sanctions from Western countries. The relevance of the study is determined by the need for companies in the metallurgical industry of Russia to form and develop their own foreign economic strategy for the development of steel exports to world markets. The article investigates current problems of the development of the world ferrous metals market based on the analysis of statistical data. Conclusions are drawn about the causes of crisis phenomena in the metallurgical industry under the influence of neo-economic uncertainty and geopolitical constraints, current trends in technology development, regulatory requirements and digitalization. The possibilities are considered, and ways of overcoming crisis phenomena are proposed.
About the Authors
V. A. Noskov
Samara State University of Economics
Russian Federation
Russian Federation
Noskov V. A. – Doctor of Economics, Professor
Samara
M. N. Konkov
Samara State University of Economics
Russian Federation
Russian Federation
Konkov M. N. – postgraduate student of the Department of Economic Theory
Samara
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Review
For citations:
Noskov V.A., Konkov M.N. Current trends in the development of the global ferrous metals market. Vestnik of Samara State University of Economics. 2023;(12):9-19. (In Russ.) https://doi.org/10.46554/1993-0453-2023-12-230-9-19
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