SUSTAINABLE DEVELOPMENT OF METALLURGICAL ENTERPRISES AND INSTITUTIONAL CHALLENGES
The pent-up demand after the 2020 lockdown caused a disruption in the supply chains of all types of commodities in both the Russian and global markets. This led to a sharp rise in prices, including in the markets of metallurgy, and made it possible to significantly increase the tax burden on domestic metallurgical enterprises. Such macroeconomic and institutional changes may lead to changes in the efficiency of steel enterprises. The study is devoted to assessing the state of efficiency of metallurgical enterprises in this period. The method of research was the method of the "golden rule of enterprise economics". The information base is the data of the largest Russian metallurgical enterprises traded on the market for 2021 (before and after the introduction of duties). The results showed that export duties had a significant and negative impact on the sustainable development of Russian metallurgical enterprises.