THE QUESTION ABOUT COMPETITIVENESS
OF RUSSIAN FERROUS METALLURGY
1. South Ural State University
The article describes the key aspects and prospects of development of the met-allurgical complex, the one of the main structuring sectors of the Russian Federation. The classification of the competitive advantages of the industry is presented. The definitions of the basic concepts of economic terminology are given. The statistical data on the state of the global steel industry, current data on the state of the domestic industry are given. Estimates of the development of industry in the developing world, including in the Russian Federation are presented. The basic direction of determining the competitive advantages of the domestic industry. Estimates of the impact of the steel industry on the economy of the Chelyabinsk region are revealed. The model of five competitive forces M.Porter applied to the metallurgical industry of the Chelyabinsk region is presented. The basic problems of the industry are also revealed. The conclusions about the competitiveness of domestic iron and steel industry in the short and long term were made.
Keywords: iron and steel industry, metallurgical industry, competitiveness, competitive ad-vantage, exports, imports, raw materials, domestic production.