WORLD ECONOMIC RELATIONS IN THE MINING AND METALLURGY: ASIAN AND NORTH AFRICAN COUNTRIES AND UKRAINE

The article analyzes the situation on the world market of mining resources. The impact of demand for metallurgical raw materials from Asian countries has been assessed. It is shown that Asian countries in the conditions of rapid urbanization and the development of infrastructure facilities will show an increasing demand for resources for the metallurgical industry. The influence of the mining and metallurgical complex of Ukraine on the world market of iron ore and ferrous metals is investigated. Ukraine's largest exports were ferrous metals and iron ore, which accounted for 28% of all export revenue over the past three years. The main countries buying iron ore were China and the EU countries. Iron and steel went to Turkey, China, Saudi Arabia, Egypt, and EU countries. The current situation in the mining and metallurgical industry of Ukraine will affect world economic relations in general. There may be a shortage of iron ore and ferrous metals on the world market, Turkey, Egypt, Viet Nam may be in the most vulnerable position.