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Metals - Autumn Sector Update 2022

By Ally Connolly
Senior Underwriter

Sector overview

As we head into the final quarter of 2022, we reflect on a year for metal markets that has been unpredictable and volatile. Steel prices have been on a positive trajectory for most of the year, and as a result, stockholders, mills, and traders have benefitted which resulted in strong margin generation during the early parts of the year. As we move through H2, the landscape has somewhat changed and challenges across both upstream and downstream supply chains are now starting to impact the sector, as well as many others.

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Your contact

Your contact

Ally Connolly

Ally Connolly

GBR - Senior Underwriter (Trade Credit)

Tel: +44 (20) 34653916

Alasdair.Connolly@uk.qbe.com