16 April, 2018 Resources

An era of change for the metals sector

Download the Document

Metals Sector Risk Report

Overview

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.

Coface Regional Sector Risk Assessment

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.

 

The advent of tariffs and fluctuations in demand illustrate how unpredictable the metals sector can be. Only by protecting your business from bad debt and having the inside track on future market developments can you hope to trade safely.

A Coface Credit Insurance policy provides continuous access to both.

Want to know how Coface can help your business know more and grow more?

Get in touch About us

Related resources

Resources

German Corporate Payment Survey 2020

German companies want to cash in as early as possible, according to the fourth edition of Coface’s survey on corporate payment experience in Germany, conducted in July and early-August 2020.

16 September, 2020

View Resource
Resources

Global renewable energies: continued rise despite the COVID-19 pandemic

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.

09 September, 2020

View Resource
Resources

The Netherlands Corporate Payment Survey 2020

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

02 September, 2020

View Resource

SEE OUR NEWS HUB FOR MORE INFO

Keep your finger on the pulse with CofaNews

Sign up to CofaNews for the latest industry and economic news, exclusive invites and lots more.