Vertical Integration on Russian Metallurgical Market: Preconditions and Consequences

The article analyzes the process of building metallurgical industry in Russia, key landmarks of its formation, which led to its current standing as vertically integrated companies. Key trends of integration were studied – forward and backward, it was explained in what periods of development these ve...

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Main Author: E. A. Braiko
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2025-01-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/2203
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author E. A. Braiko
author_facet E. A. Braiko
author_sort E. A. Braiko
collection DOAJ
description The article analyzes the process of building metallurgical industry in Russia, key landmarks of its formation, which led to its current standing as vertically integrated companies. Key trends of integration were studied – forward and backward, it was explained in what periods of development these vectors were chosen and why. The author gave examples of both positive and negative experience of vertical integration illustrating it by leading Russian metallurgical companies. Apart from that, risks were shown which faced top-management of companies that made a decision about vertical integration. The author described changes that took place on Russian metallurgical market in the time of global economy turbulence in 2020–2023 and gave practical recommendations aimed at overcoming difficulties. The hypothesis was corroborated that structure of Russian metallurgical market as vertically integrated companies proved its stability and adaptive capacity in conditions of fast changing market situation.
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publisher Plekhanov Russian University of Economics
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-df9085ffda3a4eada230577201dfe60f2025-08-20T03:36:48ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512025-01-010120921810.21686/2413-2829-2025-1-209-2181335Vertical Integration on Russian Metallurgical Market: Preconditions and ConsequencesE. A. Braiko0Chepetsky Mechanical PlantThe article analyzes the process of building metallurgical industry in Russia, key landmarks of its formation, which led to its current standing as vertically integrated companies. Key trends of integration were studied – forward and backward, it was explained in what periods of development these vectors were chosen and why. The author gave examples of both positive and negative experience of vertical integration illustrating it by leading Russian metallurgical companies. Apart from that, risks were shown which faced top-management of companies that made a decision about vertical integration. The author described changes that took place on Russian metallurgical market in the time of global economy turbulence in 2020–2023 and gave practical recommendations aimed at overcoming difficulties. The hypothesis was corroborated that structure of Russian metallurgical market as vertically integrated companies proved its stability and adaptive capacity in conditions of fast changing market situation.https://vest.rea.ru/jour/article/view/2203russian metallurgystrategy of vertical integrationmetallurgical industryindustrymetallurgical holding company
spellingShingle E. A. Braiko
Vertical Integration on Russian Metallurgical Market: Preconditions and Consequences
Вестник Российского экономического университета имени Г. В. Плеханова
russian metallurgy
strategy of vertical integration
metallurgical industry
industry
metallurgical holding company
title Vertical Integration on Russian Metallurgical Market: Preconditions and Consequences
title_full Vertical Integration on Russian Metallurgical Market: Preconditions and Consequences
title_fullStr Vertical Integration on Russian Metallurgical Market: Preconditions and Consequences
title_full_unstemmed Vertical Integration on Russian Metallurgical Market: Preconditions and Consequences
title_short Vertical Integration on Russian Metallurgical Market: Preconditions and Consequences
title_sort vertical integration on russian metallurgical market preconditions and consequences
topic russian metallurgy
strategy of vertical integration
metallurgical industry
industry
metallurgical holding company
url https://vest.rea.ru/jour/article/view/2203
work_keys_str_mv AT eabraiko verticalintegrationonrussianmetallurgicalmarketpreconditionsandconsequences