Tuboltsev Leonid Grigoryevich, Ph.D. (Engin.), Senior Researcher, Honored Worker of Industry of Ukraine, Head of Department, Iron and Steel Institute named after Z.I. Nekrasov of the NAS of Ukraine, Academican Starodubova square, 1, Dnipro, Ukraine, 49107; e-mail: isi.tubol@gmail.com; ORCID 0000-0001-6873-6685; ORSID 0000-0001-9540-3037
Padoon Nina Ivanovna, Researcher, Iron and Steel Institute named after Z.I. Nekrasov of the NAS of Ukraine, Academican Starodubova square, 1, Dnipro, Ukraine, 49107; e-mailto:isi.tubol@gmail.com

Risks and challenges before the ukraine’s black metallurgy

Abstract. The aim of the study is to identify risks and challenges that may be a threat to the development of the mining and metallurgical complex of
Ukraine (MMC). It is shown that the excess steel-making capacity in the world increases the risks of the steel producers, may lead to an excess of offers, trade
disputes; low prices and low yield. It is noted that the Ukrainian ferrous metallurgy works in the harsh conditions of the world market, the hallmark of
which is the uncontrolled and unpredictable growth of world prices. This leads to unstable operation of the MMC, especially in recent years. The factors that
determine the potential risks in the metallurgical sector of Ukraine are given. The most influential risk factors include the following: threats to the impact of
environmental factors on the future; threats of influence of the political situation in the world; the instability of the supply of raw materials and prices
for finished products; change in existing trade flows of raw materials and finished products; global trade restrictions; the lag of the technical level of
metallurgical production from the world; insufficient state influence on the industry; lack of industrial development strategy of Ukraine and the
metallurgical industry. It is shown that the main direction of the target setting for the development of Ukrainian metallurgy in the medium term should be the
development of a strategy that binds together raw materials, energy potential, steelmaking equipment, casting and rolling technologies, as well as the state
and market prospects.

Key words: mining and smelting complex, steel production, risk factors,
development perspective
Reference
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«Fundamental and applied problems of ferrous metallurgy». – 2018. – Collection 32
«Fundamental’nye i prikladnye problemy černoj metallurgii». – 2018. – Vypusk 32
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