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Ferrous Metallurgy Production in Russia: How Will the COVID-19 Pandemic Affect?

Golubev S. S., Sekerin V. D., Gorokhova A. E., Shevchenko D. A., Gusov A. Z.

Archives of Foundry Engineering

2021

Vol. 21, iss. 3

65--69

Metallurgy is one of the key industries both in Russia and in the world. It has a significant influence on the situation in related industries. Therefore, the current state analysis of ferrous metallurgy production and its formation based on the short-term technological forecast is essential. Based on the foregoing, the research was aimed at analyzing the current state of ferrous metallurgy production in Russia and the impact of the COVID-19 pandemic on the prospects for industry development in the short term. The research studies the state of the ferrous metallurgy production in Russia and abroad before the COVID-19 pandemic, as well as the volume of industrial production in ferrous metallurgy and the industry structure. The COVID-19 pandemic has triggered a serious global recession, necessitating an analysis of the forecast for the development of the ferrous metallurgy industry. The research concludes that the Russian ferrous metals market is so far affected to a lesser extent compared to the European one.

Analysis of the Current State and Forecast of Cast Iron Production in Russia

Golubev S. S., Sekerin V. D., Gorokhova A. E., Komlatskiy G. V., Arutyunyan Y. I.

Archives of Foundry Engineering

2021

Vol. 21, iss. 2

70--74

The purpose of the study is to analyze the current state of the cast iron production and to predict production volume and cost in the near future based on the analysis results. Cast iron is one of the most common materials used in various industrial sectors. Cast iron scrap processing is the least expensive and saves both money and time. It is produced both in Russia and abroad and is one of the export types. Cast iron production significantly influences other industrial sectors. All this confirms the relevance of the study. The novelty of the study consists in the identification of the leaders among the cast-iron producers in the world and Russian metallurgical companies, as well as the determination of trends in its production at the present stage of economic development. The increasing consolidation level of cast iron producers has been revealed: China, India, Japan, and Russia represented 85% of the cast iron global production in 2019. In Russia, nine metallurgical companies account for 80% of cast iron production. In general, cast iron production in the world is stable and the import share of cast iron is about 4%. Cast iron prices tend to decline. The work identifies the lower and upper limits of the possible range of the cast iron prices. The authors conclude that the declining prices of cast iron in Russia may make its production unprofitable.