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The author states that over the past twenty years, the iron and steel industry of Russia has held its position as one of the key industries of the Russian economy. Technological upgrading of production facilities has minimized the backwardness, however the rapid steel production growth in Asia has resulted in loosing business in the global steel market, while getting more dependent on the market situation. This article deals with the main trends, problems and collisions of the steel industrydoi:10.1088/1757-899x/966/1/012059 fatcat:2kw7ubobkvhc3b367ouislp64q