Weakness from end markets and commodities volatility

Last update – November 2020
Business environment risk
Political risk
Commercial risk
  • Exposure to strength in construction

  • Restructuring in the US successfully completed

  • Strengthened cash flow generation in the mining sector
  • Lack of credibility in management of overcapacity (steel)

  • Commodity price volatility

  • Exposure to environmental and sustainability issues

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Country   Role Sector risk
China

#1 Producer
#2 Consumer


Sensitive risk
Japan

#2 Producer
#2 Exporter


Medium risk
Germany

#1 Importer


Sensitive risk
Catharina Hillenbrand-Saponar
Euler Hermes