scholarly journals Tendencies of Russia steel products export and import in 2017–2018

Author(s):  
N. G. Zinov’eva

Russia is a big producer and exporter of ferrous metals. Countries of CIS, Europe, Middle East, North Africa and North America are the main markets of Russian ferrous metallurgy products sale. Main indices of Russian steel industry operation quoted. Tendencies in external trade by steel products considered. Dynamics of steel products export and import in 2017–2018 shown. Average prices of export and import operations quoted, as well as data on consumption, the structure of Russian steel products export and import presented by main regions and kinds of rolled products. It was shown, that the structure of the Russian steel products export remains the same within a series of years and is characterized by a high share of semi-products. In the first half of 2018 the steel rolled products export growth was about 4%. Intensive development of steel industry in many countries of the world, particularly in those being net importers of steel products, as well as sanctions against steel products of Russian origin from EC and USA countries will impact on the volume of steel products export from Russia. Internal consumption of steel rolled products has grown in Russia. The increased demand is satisfied by an increase of domestic production, some decrease of export and growth of import. To maintain the competiveness of Russian steel industry at both domestic and international markets it is necessary to continue the modernization of plants, to provide the domestic demand from the steel-consuming industries side.

Author(s):  
N. G. Zinov’eva

Analysis of main indices of world steel industry presented, as well as those of some countries and of Russia for 2017– 2018. Dynamics and structure of production, consumption, export and import of main kinds of Russian steel industry products by results of 2018. In 2018 growth of world consumption amounted to near 80 Mt to the level of 2017, the main input made by Asian region. Its share amounted to near 90% of the growth, mainly by China. Excluding China, the Asian region amounted to 13% of the growth. Russia takes the 7th place in the world rating by steel consumption in 2018, by consumption per capita – the 16th position. In 2018 in Russia, 71.8 Mt of steel were produced, amounting to 6th place in the world rating. By results of 2018 Russian plants increased production of steel, finished rolled products and steel pipes comparing with 2017. The volumes of world trading by steel products keep growing. The world export by volume is estimated as 454.5 Mt. Countries with the biggest share of steel export of production volume presented. By the results of 2018 the steel industry of Russia is still export-oriented industry and keeps the 5th position among countries with the highest share of steel products export in the production and the 3rd place by the volumes of export shipping. During the last years the Russia’ external trade by ferrous metals is characterized by increase of export and import volumes. Structure of Russian finished rolled products export and import presented, as well as geography of supplies. The share of import rolled products in the domestic consumption amounted to about 14%. Main countries – net exporters and net importers of steel products presented. Russia being a net importer on the whole, takes the 3rd position by volumes. However, during several years by some groups of rolled products, Russia is a net importer. The domestic market is surely a key one for Russian plants. Howeve, the Russian plant not always manage to compete with cheaper import. Besides, some kinds of products are produced in insufficient volumes.


Author(s):  
N. G. Zinov’eva

Structure of the Russian export and import of steel industry products presented by results of 9 months of 2019 operation. It was shown, that the total share of pig iron, ferroalloys and semi-products (40.3%) in the ferrous metals export from Russia is practically the same as the share of rolled products and steel pipes (39.4%), whereas the shares in the import structure were 7.7 and 75% accordingly. The share the far abroad countries in the Russian export and import of finished steel products (in natural terms) accounted for 80.6 and 28.7% accordingly, while the share of CIS countries – 19.4 and 71.3% accordingly. For 9 months of 2019 the Russian export of semi-products declined by 10.9% comparing with the analogue period of 2018 and accounted for 10.9 m tons. 54.6% of the total export shipping of semi-products were directed to Mexico, Turkey, Egypt and Taiwan. Within the nearest years the Russian export of semi-products and billets, in particular, will be effected by the further development of the semi-products production in in the countries of Middle East, Turkey, Vietnam and India. The domestic market remained to be more attractive for many Russian companies. For the 9 months of 2019, export of long and flat products accounted for 3 and 5.7 m tons accordingly, declining comparing with the analogue period of the previous year by 11 and 15.6% accordingly. Import of long and flat products decreased by 12 and 0.5%, accounting for 1.0 and 2.9 m tons accordingly. By the results of 9 months of 2019, import declined and export shipping of coated sheet increased. Taking into account the expansion of steel grades assortment by Russian plants, increase of capacities for production of sheet with different coatings, this tendency is likely to remain.


2019 ◽  
pp. 5-23 ◽  
Author(s):  
Mikhail V. Ershov ◽  
Anna S. Tanasova

Russian economy has reached the low level of inflation, but economic growth has not accelerated. Moreover, according to official forecasts, in the following years it will still be low. The article concludes that domestic demand, which is one of the main factors of growth, is significantly constrained by monetary, budgetary and fiscal spheres. The situation in the Russian economy is still hampered by the decline of the world economic growth. The prospects of financial markets are highly uncertain. This increases the possibility of crisis in the world. Leading countries widely use non-traditional measures to support their economies in the similar environment. In the world economy as well as in Russia a principally new combination of factors has emerged, which create specific features of economic growth. It requires special set of measures to stimulate such growth. The article proves that Russian regulators have large unused potential to stimulate growth. It includes monetization, long-money creation, budget and tax stimuli. It is important that the instruments, which will be used, should be based on domestic mechanisms. This will strengthen financial basis of the economy and may encourage economic growth. Some specific suggestions as to their use are made.


1997 ◽  
Vol 14 (2) ◽  
pp. 172-187
Author(s):  
Arif Sultan

Within a short span of time a number of economic blocs have emergedon the world horizon. In this race, all countriedeveloped, developingand underdeveloped-are included. Members of the North America FreeTrade Agreement (NAITA) and the European Economic Community(EEC) are primarily of the developed countries, while the EconomicCooperation Organization (ECO) and the Association of South EastAsian Nations (ASEAN) are of the developing and underdevelopedAsian countries.The developed countries are scrambling to create hegemonies throughthe General Agreement on Tariff and Trade (GATT). In these circumstances,economic cooperation among Muslim countries should be onthe top of their agenda.Muslim countries today constitute about one-third of the membershipof the United Nations. There are around 56 independentMuslim states with a population of around 800 million coveringabout 20 percent of the land area of the world. Stretchingbetween Atlantic and the Pacific Oceans, the Muslim Worldstraddles from North Africa to Indonesia, in two major Islamicblocs, they are concentrated in the heart of Africa to Indonesia,in two major blocs, they are concentrated in the heart of Africaand Asia and a smaller group in South and Southeast Asia.'GATT is a multilateral agreement on tariffs and trade establishing thecode of rules, regulations, and modalities regulating and operating internationaltrade. It also serves as a forum for discussions and negotiations ...


1998 ◽  
Vol 165 ◽  
pp. 35-42
Author(s):  
Nigel Pain

Developments in the Asian economies have clearly begun to be felt in the wider global economy in recent months. It has always been expected that the OECD economies would be affected by the aftermath of the capital market turmoil last year, although the timing and magnitude of the impact was difficult to predict. Domestic demand in the affected Asian economies has proved much weaker than expected, with the effects magnified by a continued downturn in Japan. GDP fell by 5¾ per cent in Korea in the first quarter of this year and by 1¼ per cent in Japan. The aggregate volume of merchandise imports in Asia is expected to decline by around 5½ per cent this year, with falls of up to 25 per cent in countries such as Korea, Thailand and Indonesia. This largely accounts for our projected decline in world trade growth to under 6 per cent this year from an estimated 9¾ per cent in 1997.


Itinerario ◽  
2017 ◽  
Vol 41 (2) ◽  
pp. 253-274
Author(s):  
John W. Troutman

In the late nineteenth century, Kānaka Maoli (Native Hawaiians) physically modified guitars and created a new technique for playing them. In the years that followed, hundreds of Hawaiian troupes, engaging new entertainment circuits that crisscrossed the globe, introduced the world to their “Hawaiian steel guitar,” from Shanghai to London, Kolkata to New Orleans. While performing Hawaiianmele, or songs, with their instrument, they demonstrated new virtues for the guitar’s potential in vernacular and commercial music making in these international markets. Based upon archival research, this essay considers the careers of several Hawaiian guitarists who travelled the world in the early twentieth century, connecting local soundscapes through the proliferation of an indigenous technology.


2019 ◽  
Vol 14 (3) ◽  
pp. 409-427
Author(s):  
Katherine Recinos ◽  
Lucy Blue

Abstract Maritime cultural heritage is under increasing threat around the world, facing damage, destruction, and disappearance. Despite attempts to mitigate these threats, maritime cultural heritage is often not addressed to the same extent or with equal resources. One approach that can be applied towards protecting and conserving threatened cultural heritage, and closing this gap, is capacity development. This paper addresses the question of how capacity development can be improved and adapted for the protection of maritime cultural heritage under threat. It asserts that capacity development for maritime cultural heritage can be improved by gaining a more comprehensive and structured understanding of capacity development initiatives through applying a consistent framework for evaluation and analysis. This allows for assessment and reflection on previous or ongoing initiatives, leading to the implementation of more effective initiatives in the future. In order to do this, a model for classifying initiatives by ten parameters is proposed. It is then applied to a number of case studies featuring initiatives in the Middle East and North Africa region. This is followed by a discussion of how conclusions and themes drawn from the examination and evaluation of the case study initiatives can provide a deeper understanding of capacity development efforts, and an analysis of how the parameter model as a framework can aid in improving capacity development for threatened maritime cultural heritage overall.


2018 ◽  
Vol 2018 (8) ◽  
pp. 30-49
Author(s):  
Kateryna ANUFRIIEVA ◽  

Today, the state policy on export development is being improved and the export support tools are being implemented at the legislative level. Exporting economic entities form the demand for financial services, which would meet current conditions in the international market, as well as allow for unrestricted settlements with foreign counterparties, available financing of working capital and insurance provision of export operations in order to increase the competitiveness of such entities. The author substantiates importance of the centralized focus of export support efforts, determines the concept of “trade financing and insurance” as a source of resource and institutional support for export operations and highlights the positive aspects and problems arising from financing of export transactions and settlements with counterparties. The state of international cooperation on export issues and trends of the world trade are briefly mentioned. As is known, the Export and Credit agency (ECA), an institution for insurance and export support, has recently been established; however, its place, management, tasks and resource base are still being determined. Therefore, the article proposes a basic schematic model of the activities of this institution. The author emphasizes that increasing the competitiveness of Ukrainian exporters and strengthening their confidence in them in the international market are especially important given the world trend of “de-risking”. De-risking is the limitation of cooperation with certain categories of clients or states (which Ukraine is sometimes included in) to avoid the risk of financing illicit activities, a person under sanctions, terrorism, and the like. The focus of further research the author suggests addressing such issues: (i) interaction of the state and private sectors with support of exports; (ii) determination of the product range of financial institutions servicing the subjects of foreign trade, as well as the ECA; (iii) impact of sanctions and restrictions on Ukraine’s foreign trade relations. Accelerating the development of exports and overcoming obstacles when concluding the external trade agreements and settlements will ultimately help Ukraine to take a niche among the world’s exporters and strengthen its own financial security.


2017 ◽  
Vol 17(32) (1) ◽  
pp. 206-215
Author(s):  
Piotr Szajner

Economic activities are featured with certain cycles. The cycles can concern the whole economy as well as particular sectors. The dairy industry is one of the branches that are of high importance in Polish and the world as regards food sector. Polish dairy industry faced deep structural changes and modernisation. After the accession to the EU domestic market is strongly linked to both the EU and the world markets. The production in Poland exceeds consumption by ca 20%. The surplus is exported, which ties up the situation on the domestic market with the situation on international markets. Conducted analysis of the domestic and the world markets of milk skimmed powder showed parallel fluctuations. Domestic prices and the prices on the world markets are strongly correlated. The knowledge on the characteristics of those fluctuations allows stakeholders for a proper risk management as well as elaboration of suitable policy options by government administration.


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