Priorities for the technology modernization and regional steel industry

This paper reviews trends in post-crisis development of metallurgy of the region. An assessment of the achieved level of technological development of the regional industry, the features of innovation and technological upgrading, conditions and factors are identified, as well as industry issues and limitations of innovation development of the metallurgical complex in the region are made. The possibilities and goals for the effective development of metallurgy for the period up to 2020 are substantiated. As tools for solving the tasks discussed, the following ones are suggested: deepening the processes of modernization and usage of modern technology and intellectual capital. The principles of strategic priorities formation for technological development of the industry are reviewed. Justification of the main innovative modernization priorities of the metallurgical complex in the region is made. These include: expansion of metal products manufacturing with high value added, provision of resources for development of high-tech sector aimed at production of new materials. The expediency of structural reforms continuation in the mining and metallurgical complex with its further integration into the global economy, as well as resource efficiency plus reduction of harmful effects on the environment was substantiated.