International distribution and services in high-performance materials

Bleak economic outlook

Just as gloomy as the weather is the economic outlook at the moment. Apart from the energy sector, the aviation industry and the watch industry, we see a further slowdown. In favor of the energy sector is the state-supported investment activity, the aviation industry is still in the pandemic upswing, which is taking place much later than in the other industries, and the watch industry is benefiting from the Asian upswing after its pandemic end. Consumer-related industries and the construction sector are weakening and order books are now generally much lower than at the beginning of the year. Inventories in stainless steels are still high. The metal markets are not providing any impetus. On the other hand, customers still have to put up with long delivery times in the high-alloy materials and in titanium for medicine and aerospace. But here, too, there are signs of normalization. We look forward to seeing you at our trade fair stands.

16.05.23