Metals market wary of Boeing’s 737-Max halt
By IM Staff
Published: Wednesday, 18 December 2019
All segments of the metals industry - especially aluminium and steel producers that supply the aerospace sector - are likely to be affected by Boeing’s decision to suspend production of its grounded 737-Max airplanes in January 2020, an industry expert told Fastmarkets.
By Orla O'Sullivan
Metals suppliers who provide materials to airplane
parts manufacturers on shorter lead times - within three to six
months - will be most affected by the suspension, according to
Chris Olin, senior research analyst at Cleveland-based Longbow
Research.
"The shorter-cycle materials will be hit first: aluminium
sheet and plate...