Transformation of the World Steel Market Under the Influence of General Industrialization and Digitalization of Industry
Saltykova Yana Alexandrovna
Yana A. Saltykova, Academic Research, Department of Moscow State Institute of International Relations (MGIMO), Moscow State Institute of International Relations (MGIMO), Moscow, Russian Federation.
Manuscript received on November 11, 2019. | Revised Manuscript received on November 20 2019. | Manuscript published on 30 November, 2019. | PP: 10876-10881 | Volume-8 Issue-4, November 2019. | Retrieval Number: D4408118419/2019©BEIESP | DOI: 10.35940/ijrte.D4408.118419
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The current global transition to a new phase of development under the influence of the Fourth industrial revolution is characterized by the emergence of end-to-end technologies, increasing the speed of introduction of new developments, reducing the life cycle of products, the emergence of new players, strengthening trends in digital transformation. Against the background of the formation of the digital economy, a limited group of leading countries focused on the use of renewable resources and possessing advanced production technologies is emerging.
Keywords: Industrialization, Digitalization, Industry, Steel Market, Transformation.
Scope of the Article: Marketing and Social Sciences.