Risk management system in metallurgical production

The main aim of the paper is to characterize the proposed model of risk management system. Threats identification and risk assessment of the systemic character result in taking action directed on risk elimination, minimization or financing. Concept of the risk management system includes the following anti-risk activities concerning: knowledge, operating, experience and improvement. Those risk actions guarantee effective manner of risk management, which is of particular meaning due to the difficult situation of the European Union’s steel industry facing geopolitical, economic and environmental challenges. The model in question can be treated as a guidelines for proceeding in case of prevention and response to the potential, both strategic and operational, metallurgical risk