The impact of changes in the external economic environment on the functioning of the Russian metallurgical complex

Maksim Kon&#039;kov; Vladimir Noskov

doi:10.52957/2221-3260-2025-11-151-162

VAK Russia

5.2.1 5.2.3

THE IMPACT OF CHANGES IN THE EXTERNAL ECONOMIC ENVIRONMENT ON THE FUNCTIONING OF THE RUSSIAN METALLURGICAL COMPLEX The impact of changes in the external economic environment on the functioning of the Russian metallurgical complex

АА Аа

Published in Theoretical economics · Pages 151–162 · Rubric: MODERN PROBLEMS OF THE WORLD ECONOMY

DOI: https://doi.org/10.52957/2221-3260-2025-11-151-162

Received: 29.10.2025 Accepted: 12.11.2025 Published: 30.11.2025

Authors

Maksim Kon'kov

ORCID

Vladimir Noskov

ORCID

Maksim Kon'kov

Academic degree: graduate student of economic sciences

Samara State University of Economics Samara

ORCID

Vladimir Noskov

Academic degree: doctor of economic sciences

Science rang: professor

Samara State University of Economics Samara

ORCID

ABSTRACT

The article examines the impact of changes in the external economic environment on the functioning of the Russian metallurgical complex under conditions of global economic uncertainty, sanctions pressure, and transformation of global steel markets. The relevance of the study is determined by the contraction of traditional export destinations, the intensification of geopolitical risks, and the growing need to diversify the foreign economic activities of Russian metallurgical companies. The research analyzes current trends in the global ferrous metals market and identifies key geo-economic, infrastructural, technological, and regulatory factors constraining the export potential of the Russian metallurgical industry. Particular attention is paid to the effects of sanctions, price volatility, environmental requirements, and the sector’s dependence on imported metallurgical equipment. Based on structural and dynamic analysis of statistical data, the paper formulates fundamental principles for entering new segments of the global market, including the geographical reorientation of export flows, technological modernization, development of transport and logistics infrastructure, and digital transformation of production processes. A map of the international presence of Russian metallurgical companies is compiled, enabling the identification of both export bottlenecks and promising growth areas, primarily in Asia, the Middle East, and Africa. The study concludes that leading Russian ferrous metal producers demonstrate a high capacity to adapt to external economic challenges due to economies of scale, product diversification, and flexible export strategies.

KEYWORDS

ferrous metallurgy, global economic uncertainty, digitalization of the economy, price volatility, geopolitics, infrastructure, risk management

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Galina Rodina

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GOST

Kon'kov M. N., Noskov V. A. The impact of changes in the external economic environment on the functioning of the Russian metallurgical complex // . 2026. pp. 151-162. DOI: https://doi.org/10.52957/2221-3260-2025-11-151-162. (Date of access 20.08.2026).

MLA

Maksim Kon'kov, Noskov V. A.. "The impact of changes in the external economic environment on the functioning of the Russian metallurgical complex." (2026): 151-162. DOI: https://doi.org/10.52957/2221-3260-2025-11-151-162.

APA

Kon'kov M. N., Noskov V. A. (2026). The impact of changes in the external economic environment on the functioning of the Russian metallurgical complex. , 151-162. https://doi.org/10.52957/2221-3260-2025-11-151-162

Chicago

Maksim Kon'kov, Noskov V. A.. "The impact of changes in the external economic environment on the functioning of the Russian metallurgical complex." , no. (2026): 151-162. https://doi.org/10.52957/2221-3260-2025-11-151-162.

WIKI

{{cite journal | author = Kon'kov M. N., Noskov V. A. | title = The impact of changes in the external economic environment on the functioning of the Russian metallurgical complex | journal = | year = 2026 | pages = 151-162 | doi = 10.52957/2221-3260-2025-11-151-162 }}

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THE IMPACT OF CHANGES IN THE EXTERNAL ECONOMIC ENVIRONMENT ON THE FUNCTIONING OF THE RUSSIAN METALLURGICAL COMPLEX The impact of changes in the external economic environment on the functioning of the Russian metallurgical complex

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