Economic Analysis: Theory and Practice
 

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A comprehensive analysis of the level of technological development at Russian ferrous metallurgy enterprises

Vol. 18, Iss. 11, NOVEMBER 2019

Received: 12 August 2019

Received in revised form: 2 September 2019

Accepted: 7 October 2019

Available online: 29 November 2019

Subject Heading: ANALYSIS OF INDUSTRIAL CAPITAL

JEL Classification: E22, L61, O14

Pages: 2025–2043

https://doi.org/10.24891/ea.18.11.2025

Shmidt Yu.D. Far Eastern Federal University (FEFU), Vladivostok, Russian Federation
syd@dvfu.ru

https://orcid.org/0000-0002-2629-679X

Li Jun Far Eastern Federal University (FEFU), Vladivostok, Russian Federation
vadimli521@yandex.ru

ORCID id: not available

Subject The article addresses the unbiased assessment of technological development at Russian ironworks.
Objectives We focus on tools for comprehensive analysis, comparative assessment of the level of technological development of the Russian steel industry in dynamics, and its comparison with that of China.
Methods The paper employs systems approach and functional-targeted approach, correlation analysis and expert evaluation methods. The tools of the hierarchy analysis method were used to process the results of expert surveys.
Results We present tools to assess trends in technological development of ferrous metallurgy enterprises on an annual basis, and to compare them with ferrous metallurgy enterprises of other territories and countries. We tested our methods, using the cases of ferrous metallurgy enterprises of Russia and China. The tools enable comprehensive assessment of technological development at ferrous metallurgy enterprises in dynamics over a number of years and in comparison with similar enterprises of other countries and territories.
Conclusions From 2000 to 2017, the level of technological development of ferrous metallurgy enterprises in Russia increased significantly. In these years, there was a substantial upgrading of material and technical base of the industry. Since 2014, the integral indicator characterizing the level of technological development of Russian enterprises of ferrous metallurgy have decreased, however, it remained higher than that of Chinese ironworks. By the end of 2017, the gap between the two countries had decreased.

Keywords: technological development, ferrous metallurgy, ironworks

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