NATIONAL MARKET OF METAL PRODUCTION: DIRECTIONS OF POLICY FORMATION OF COMPETITIVE DEVELOPMENT

Abstract

Topicality. The importance of the mining and metallurgical industry in the conditions of globalization and internationalization of world market of raw materials and commodity market is to provide metal-intensive industries with high-quality raw materials. The article deals with the tendencies of development of the world market of metal products. The dynamics of the commodity structure of world exports of the main kinds of metal products is analyzed. The growth of volumes of world consumption of raw material products, especially iron ore, was revealed. The dynamics of the commodity structure of the domestic export of metal products is analyzed. Possible ways of reducing the level of dependence of the metallurgical industry of Ukraine on the foreign economic situation are considered. The main directions of the state policy forming of competitive development of the metallurgical industry have been developed and proposed. Aim and tasks are to substantiate the main ways of forming and implementing the policy of competitive development of the metallurgical industry of Ukraine on an innovative basis. Research results. The article provides a comprehensive analysis of world trends and trends for 2000-2016: production and consumption of steel; export of basic types of metal products; geography of export flows of metal products, as well as the dynamics of development of domestic and external consumption. On the basis of the analysis, the strategic vision of the state competition policy of the metallurgical industry is presented. The purpose of the State Program for Modernization and Development of the Metallurgical Industry of Ukraine until 2027 should be: modernization of production capacities on the basis of identifying priority areas of structural reorganization of the industry focused on the production of environmentally friendly and competitive metal products. The proposed strategy for the development of the industry should be formed on the priorities of the concept of neoindustrialization of the national economy based on: own resources; new technologies; active domestic demand. They are the decisive factors that can bring the metallurgical industry to the path of economic growth and global competitiveness. Conclusions. The metallurgical industry of Ukraine should be a catalyst for sustainable growth of the economy at the expense of the innovative way of development as a result of the triple interaction of education, science and business with state support and improvement of the institutional environment.