Leading Russian companies on the world steel market

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Abstract

Metallurgical industry, is the 3rd most important branch of heavy industry in Russia and refers to the basic branch of the economy. In particular, ferrous metallurgy is a strategically important unit in the metallurgical complex and plays a critical role in shaping the sustainable development of the state as a whole, along with such industries as the oil and gas industry. Russian ferrous metallurgy market, is a leader in production efficiency, as well as production with the lowest CO2 emissions, which is one of the main competitive advantages of the industry, especially with the introduction of carbon duties and the global trend to reduce carbon dioxide emissions. The steel industry has a great demand from a large number of consumers: machine building, metalworking, construction, railway production, aircraft industry, shipbuilding and many others.

About the authors

Ravil M. Chusmakaev

Peoples Friendship University of Russia; LLC IC Sberbank Insurance

Author for correspondence.
Email: Chusmakaev@inbox.ru
ORCID iD: 0000-0002-8092-6692

PhD student at Peoples’ Friendship University of Russia, Department of World Trade; Project Manager at LLC IC Sberbank Insurance

6 Miklukho-Maklaya St, Moscow, 127198, Russian Federation; 3, bldg 1, Poklonnaya St, Moscow, 112270, Russian Federation

References

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