Our chapter wishes to be a critical and reasoned radiography of the evolution/involution of metallurgical industry in Romania during the period 1990 – 2016. The importance of metallurgical industry, for any state, is obvious and overwhelming. In this context, paraphrasing a known dictum, we can strongly say that in the industrial environment and in life generally ‘ if there is no metallurgy, nothing is! ’ The structure and content of our material is logical one and evolutionary. So, we firstly present in order a description of the main metallurgical companies in Romania (companies in the steelmaking indus- try: COS Mechel Targoviste, ArcelorMittal Galati; companies from non-ferrous metallurgy: Alro Slatina, CupruMin Abrud; metallurgical companies in the manufacturing and assembly industry: Metalurgica Aiud, Timken S.A Ploiesti). In Section 3, we describe critical components concerning the involution of steel industry in Romania. Thus, we analyse: benchmarks, restructuring of the steel industry in Romania, the impact of the global crisis on the steel sector in Romania, privatization, modernization/restructuring and monitoring between 2004 and 2008. In Section 4, we present the prospects of metallurgical industry in Romania, and in Section 5, we present technical-economic components specific to the industry of metal materials.
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