Analysis and development prospects of the metallurgical industry in Russia
- Authors: Shilova M.G.1, Nezhnikova E.V.1
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Affiliations:
- Peoples' Friendship University of Russia named after Patrice Lumumba (RUDN)
- Issue: Vol 11, No 4 (2024)
- Section: Articles
- URL: https://journals.rudn.ru/in-econ/article/view/48894
- ID: 48894
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Abstract
The article analyzes the current state and development prospects of the metallurgical industry in Russia in the context of a rapidly changing economic and geopolitical environment. The key problems and challenges of the industry are considered, including the need for technological modernization, dependence on imported high-tech equipment, the impact of international trade restrictions and growing environmental requirements. A comparative analysis of the factors determining the competitiveness of Russian metallurgical enterprises is carried out, and possible scenarios for their adaptation to new market conditions are assessed. Particular attention is paid to the interaction of the metallurgical complex with other capital-intensive industries: the oil and gas sector, the construction industry and mechanical engineering, and recommendations are substantiated aimed at increasing the sustainability of the industry by stimulating innovation, improving the logistics infrastructure and diversifying export strategies. The results obtained allow us to formulate strategic directions for the development of metallurgy, considering global trends in sustainable development and the specifics of the Russian economy.
About the authors
Milena Gennadyevna Shilova
Peoples' Friendship University of Russia named after Patrice Lumumba (RUDN)
Author for correspondence.
Email: 1132232959@pfur.ru
2nd-year Master's student at the Faculty of Economics, Patrice Lumumba University of Peoples' Friendship (RUDN University)
117198, Moscow, Miklukho-Maklaya str., 6Ekaterina Vladimirovna Nezhnikova
Peoples' Friendship University of Russia named after Patrice Lumumba (RUDN)
Email: nezhnikova-ev@rudn.ru
SPIN-code: 6483-5199
Scopus Author ID: 393948
Deputy Dean of the Faculty of Economics for Postgraduate Studies, Doctor of Economics, Professor of the Department of National Economy
117198, Moscow, Miklukho-Maklaya str., 6References
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