16 April, 2018 Resources
An era of change for the metals sectorDownload the Document
Slowdown is looming in the metals sector, especially in steelmaking, even though prices rose and there was significant global growth in metals consumption in 2017, driven by a proliferation of construction and infrastructure projects. The automotive industry is the main cause of rising aluminium prices, further boosted by the closure of some Chinese plants. Nickel, zinc and copper prices have showed similar recent rises.
Strengths and weaknesses
Half of the world’s steel is produced and consumed in China. In 2018 planned tariffs on Chinese steel imports to Europe and the US may slow down along with the previously healthy construction and manufacturing sectors. Chinese steel consumption should fall in 2018, but it is expected to grow in Europe. Growth in steel consumption is also anticipated in the USA, thanks to President Trump’s planned infrastructure programme, and the proposal to impose customs duties on imports and favour domestic steelmakers.
In this context, integrating renewables into the grid is no longer optional for governments worldwide, in both advanced and emerging economies – even if they face strong headwinds in some regions.
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This study is the very first Coface survey on corporate payment experience in the Netherlands. Originally, this survey had been conducted between February and early-March 2020 (the first quarter of 2020, Q1 2020), with 301
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