How a global trading company of steel products stays solid, in a risky sector, and benefits from a competitive edge with Coface’s risk management solutions: Trade Credit Insurance – for 20 years! – and, more recently Information services.
About Macsteel International Trading Holdings Group
Macsteel International Trading Holdings Group (MITH) is a global leader in the trading of steel products and raw materials for over forty years through four HUB offices located in Dubai, Hong Kong, New York, and Melbourne, and five Liaison offices in Shanghai, Mumbai, Dehli, Nairobi, and Johannesburg.
MITH trade volumes are spread among seven regions: Africa, the Americas, Asia, Australia, the Middle East, Europe, and Commonwealth of Independent States (CIS).
Regulatory changes, impacts from global conflict, carbon prices: steel trade 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 MITH 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 our video to learn more about how Coface helps Macsteel International grow:
Macsteel Coface Client Testimonial
