Management of the Development of Metallurgy and the Global Metal Market

Features of the Medium Term Outlook for the Production of Structural Materials in Russia

“…As a result, seven regions of the Russian Federation, occupying 3.5% of the country’s territory, account for over 60% of the total metal consumption in the country. For comparison: 35 regions (42% of the country’s territory and 20% of the population) consume about 3% of the metal [ 3 ].…”

“…Russia is inferior in this indicator to Germany (418 kg/person, 2019), Japan (498 kg/person), increases the backlog from China (from 1.7 times in 2010 to 2.1 times in 2019), and South Korea (by 3.5 times in 2019) [ 22 ]. The reason for the change of leaders in the world lies in the change in the level of efficiency in the use of materials, in the amount of adding value to them [ 3 , 23 , 24 ]. For the forecast period, the most important task is to increase the efficiency of the use of materials, including those actively exported from the country.…”

“…In the process of predictive justification, one should take into account both the presence of global prerequisites for “wrong development” and the domestic specifics of the formation and satisfaction of needs for structural materials. In the 21st century in the market of structural materials, the connection between market (price) and production (output) processes turned out to be broken, the effectiveness of economic regulation measures decreased [ 3 , 25 , 26 ]. Of fundamental importance is the correct assessment of the processes observed in the global market of structural materials.…”

“…The events after the devaluation of the ruble in 2014 are indicative as an attempt by the state to stimulate domestic production. The efficiency of exports increased, but over the past period, the increase in exports (by 5 million tons) was ensured by the withdrawal of resources from the domestic market and slightly affected the growth in metallurgical production (by 1 million tons), while the investment attractiveness of the industry decreased [ 3 ]. Thus, in Russia, the path to a positive medium-term development of the SMC industries will be determined not only by macroeconomic factors, but also by solving the problems of managing companies’ assets.…”