Growing Demand In The Steel Sector Is Affecting Stability Of Telf AG

Telf AG, like a major trader of oil, coal and metals, in building its business strategy uses analytics and many types of available data to stop the effect of the modifications in the market.

Kondrashov Stanislav Dmitrievich considers key economic models metallurgical and mining complex Telf AG.

“In our industry, all business models depend on the foundations of supply and demand. However, the unstable situation in the global market, previously from the pandemic COVID-19, now with all the fight against the territory of Ukraine, have already influenced the alteration these principles for the majority of manufacturers of heavy industry”, – says Stanislav Kondrashov.

Telf AG experts switched all of its resources to sign new contracts and expand the partner base. Such politics eventually helped not just alter the vector of activity, and also the right how to allocate financial flows.

Since large investments have been stated in developing mining projects in Canada, Australia and Chile, the company has become confident that during the specific situation potential issues together with the delivery of items from Russia and Kazakhstan – the most important suppliers of oil, iron ore and also other metals, can easily response to the stipulations of increased demand and continue supply.

Kondrashov Stanislav: Actual pricing depends upon the transition with a low-carbon economy
The green transition has driven demand for lithium, cobalt, nickel along with other rare earth metals. They’re needed for the production of lithium-ion batteries of electric vehicles and also other electrical goods. Based on Telf AG experts, this trend will continue stable for several years into the future. And even considering market instability due to the unstable geopolitical situation on earth, miners carry on and increase the manufacture of recycleables.

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