The article presents the results of the analytical review of the main trends in the grinding balls production in Russia and foreign countries. It is shown that grinding balls of domestic production have lower performance characteristics in relation to foreign counterparts, which is due to the technological features of their production, including the use of unalloyed steels with high hardenability and rejected billets of steels for other purposes (in most cases, rail steels), non-optimal technology of heat treatment. Based on the analysis, a list of promising areas for the development of domestic production of grinding balls that contribute to the competitiveness of this type of product in the domestic and foreign sales markets is determined. These areas include: increase in the share of rolled balls from alloy steels and cast balls from alloy cast irons, improvement of the technology of balls heat treatment and usage of new specialized steel grades for their production.