5th September 2017
Besides the risk of a sales downturn, the economic policies of the Trump administration could pose a potential challenge for the US car industry.
Atradius know-how on trading opportunities including the documents: Export Practice, Credit-to-Cash Briefings and the Atradius Risk Map.
Atradius industry forecasts give you access to trends and forecasts in key industries of the country.
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21st November 2017
Global economic momentum, which began picking up in H2 of 2016, has solidified through the year. However, now is not a time for complacency.
14th November 2017
Overcapacity remains the main challenge, as the rebalancing of the economy from investment and export-driven growth towards private consumption continues.
The steel and metals sector remains resilient for the time being, but the market environment is turning increasingly difficult with more downside risks.
Demand from construction and automotive as key buyer sectors has been robust in 2017, and steel price increases have been pushed through the supply chain.
While in general insolvencies are not expected to rise sharply, an increase in business failures in Puerto Rico and the Houston area cannot be ruled out.
Both the rebound of steel and metals prices and increased domestic demand have helped to improve margins in 2017, which nevertheless remain tight.
Export orientation and diversification are key factors for business success in a business environment characterised by overcapacity and volatile prices.
Due to a high non-performing assets level banks remain reluctant to provide loans, and external financing at competitive conditions remains a challenge.
While the profit margin development is generally stable competition remains high with Asian steel and metals businesses on international markets.
While the outlook for late 2017 and 2018 remains positive, due to overcapacity there is on-going price pressure in most segments, affecting margins.