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The Russian Industry Of Ferrous And Non-Ferrous Metal Scraps: Current Situation And Prospects

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  • E. A. Popov

Abstract

The paper discloses the current circumstances, problems and trends of the development inside the Russian ferrous and non-ferrous metal scrap industry. The author reveals a number of problems the industry at the moment faced. These include market instability and unpredictability, lack of balance between supply and demand, price disparity, high demand for capital expenditures, market opacity, an illegal turnover of secondary raw materials on the market. The article analyzes the prospects of the Russian ferrous and non-ferrous metals scrap industry in the medium term. The author calls the following trends: the complication of economic and natural-climatic conditions for harvesting scrap metal and preparing it for processing at metallurgical enterprises, the lack of socio-economic prerequisites for increasing the volume of scrap of ferrous and non-ferrous metals, a decrease in the quality of scrap metal harvested, the development of the institutional environment.

Suggested Citation

  • E. A. Popov, 2021. "The Russian Industry Of Ferrous And Non-Ferrous Metal Scraps: Current Situation And Prospects," Business Strategies, Real Economy Publishing House, vol. 9(2).
    • Handle: RePEc:aci:journl:y:2021:id:710
    DOI: 10.17747/2311-7184-2021-2-35-41
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