In his numerous works published in Gornyi Zhurnal and Gorno-Zavodskii Listok, Ivan Avgustovich Time addresses not only scientific and technical questions but also economic ones. One of his first articles on an economic topic appeared in the November 1877 issue of Gornyi Zhurnal under the title: "On the Urgent Need to Establish Independent Pig Iron Smelting in Russia Using Mineral Fuel".