Coface’s risk management solutions make Macsteel as strong as steel

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. 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 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 out the video to learn more how Coface helps Macsteel International grow:

Macsteel Coface Client Testimonial

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