Impact of Covid-19 Coronavirus Infection Pandemic on Financial Stability of Russian Black Metals Companies
- DOI
- 10.2991/assehr.k.201105.047How to use a DOI?
- Keywords
- financial stability, COVID-19 pandemic, Russian companies, ferrous metallurgy, anti-crisis measures
- Abstract
The relevance of this study is due, on the one hand, to the high level of significance of the ferrous metallurgy sector for the Russian economy and, on the other hand, to the presence of serious threats to the sustainable functioning of the investigated industry in the medium term due to the impact of the COVID-19 pandemic. The article analyzes the dynamics and structure of Russian production of the main ferrous metallurgy products in 2007-2018; identifies key risk factors to ensure the financial stability of Russian metallurgical holdings in the medium term; assesses the financial stability of seven largest metallurgical companies in the dynamics of 3, 4 quarters of 2019 and 1, 2 quarters of 2020 to determine the degree of negative impact of the pandemic on their financial position. In the context of the identified probable negative trends in the functioning of Russian ferrous metallurgical companies, the authors have formulated the main directions of measures to improve their financial stability.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yu.A. Dolgikh AU - E. Smorodina AU - Yu.E. Slepukhina PY - 2020 DA - 2020/11/06 TI - Impact of Covid-19 Coronavirus Infection Pandemic on Financial Stability of Russian Black Metals Companies BT - Proceedings of the Research Technologies of Pandemic Coronavirus Impact (RTCOV 2020) PB - Atlantis Press SP - 264 EP - 271 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.201105.047 DO - 10.2991/assehr.k.201105.047 ID - Dolgikh2020 ER -