Modern tendencies of innovative development of domestic iron-and-steel enterprises

Anani Atef Avad Faris


The current state of development of domestic iron ore enterprises and the situation regarding the introduction and use of innovative measures are analyzed. The situation of out-dated technologies, which are used at domestic iron ore enterprises, in particular, the use of converters and open-hearth furnaces at metallurgical enterprises, is considered. It is determined that the use of outdated production technologies causes significant damage to the environment and predetermines low energy efficiency of production.

The characteristics of the participants of the world steel and iron ore market are described. The dynamics of M & A deals on the world steel market is explored.

On the basis of the main indicators dynamics data of the innovation activity of the mining and metallurgical complex, we have discovered that its innovation and investment development in recent years is characterized by considerable instability. 


iron-and-steel industry; Mining and Metallurgical Complex; innovation; innovative activity; competitiveness

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Science Works Journal "Ekonomichnyy analiz"

ISSN 1993-0259 (Print)  ISSN 2219-4649 (Online) DOI: 10.35774/econa

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