How a global steel company stays solid, in a risky sector, and benefit from a competitive edge with Coface’s risk management solutions: Trade Credit Insurance – for 20 years! – and, more recently Information services.
About Macsteel International
An industry leader in the steel production sector with a 120-year legacy, and operations that span across 40 service centers, branches, franchise partnership outlets and warehouses worldwide. Regulatory changes, impacts from global conflict, carbon prices: steel production is a sector full of risk and requires the ability to make quick decisions to seize opportunities and avoid trade risks.
More than just protection: a competitive edge in a risky sector
Coface and Macsteel have worked in partnership for almost… two decades! For Macsteel, strong risk management includes Coface’s solutions: trade credit insurance and, more recently Information services.
We needed a partner who’s got a global reach, a ton of information about the various counterparties out there, and the ability to act quickly.
- Dinetah Sims, Senior Vice President, Macsteel International.
Coface Global Solutions, a unique structure designed for multinational companies, provides Macsteel more than just insolvency protection:
- Competitive advantage by being able to be aligned with the market terms that other traders might be providing
- Global edge through centralized risk policy management and real-time visibility into their global exposure, including subsidiaries
- Local know-how through support from Coface risk expert teams
- 360-view of trade partners thanks to performance monitoring through the interactive Coface Risk Dashboard
- A robust API solution for seamless and easy integration into company portals and a more powerful risk management.
Watch out the video to learn more how Coface helps Macsteel International grow:
Macsteel Coface Client Testimonial
