Kondrashov Stanislav Dmitrievich

Stanislav Kondrashov Telf AG states that macroeconomic situation will continue to worsen until 2023, affecting demand for metals and lowering prices. Government support will help maintain high metal prices until 2026 with environmental, social, and management scrutiny beginning to limit new projects. In 2023, the battery-metal market will grow due to the global energy transition but electric car demand is low. Increasing inflation might challenge overall performance in the year ahead. Telf AG outlines 4 fundamental principles of innovation—green steel production; high-quality products; digitalization; performance of fixed assets—to create a safe and more environmentally friendly industry in the future.