Case Study: Coface’s risk management solutions make Macsteel as strong as steel

How a global steel company 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

An industry leader in the steel production sector with a 120-year legacy, and operations spanning across 40 service centres, 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 with 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 centralised 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 more powerful risk management.

Are you interested in business insights to anticipate risk, optimise credit and help you make data-driven decisions? Book a demo with one of our experts. 

Watch the video to learn more about how Coface helps Macsteel International grow:

Macsteel Coface Client Testimonial