ARGO Metallurgical Holding introduces digitalization of processes and reduces costs as much as possible in order to reduce fluctuations in rolled metal prices.
The main reason for the increase in metal prices is the situation on the world market.
The PRC, which is the main supplier of chermet to the international market, suspended the work of enterprises due to the pandemic. As a result, supply chains were disrupted, there was a shortage of metal.
The shortage of metal and rising prices forced manufacturers to look for new opportunities, marketplaces began to form, when the manufacturer, bypassing intermediaries, can directly purchase metal from the plant under direct contracts.
ARGO has launched a similar solution and works with all suppliers not only in Russia, but also in the CIS countries, as well as on the world market. One of the few companies that kept prices for rolled metal products without taking advantage of market fluctuations and reached the end user in the shortest possible time supporting the Russian consumer.