Proceedings of the Research Technologies of Pandemic Coronavirus Impact (RTCOV 2020)

Impact of Covid-19 Coronavirus Infection Pandemic on Financial Stability of Russian Black Metals Companies

Authors
Yu.A. Dolgikh, E. Smorodina, Yu.E. Slepukhina
Corresponding Author
Yu.A. Dolgikh
Available Online 6 November 2020.
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/).

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Volume Title
Proceedings of the Research Technologies of Pandemic Coronavirus Impact (RTCOV 2020)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
6 November 2020
ISBN
10.2991/assehr.k.201105.047
ISSN
2352-5398
DOI
10.2991/assehr.k.201105.047How to use a DOI?
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  -