Dynamics of Metallurgic Production in Emerging Countries

The article presents the analysis of the development of production in metallurgic industry. Production rates and output are determined by two factors. The first factor of the metals consumption growth is the annual population growth, especially in emerging countries. The second factor is the process of industrialization in emerging countries. However, the dynamics of the production processes can affect the re-industrialization and the reshoring of industrial production. The article analyses the development of production in metallurgic industry in China and Russia.