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.
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."Throughout the grounding of the 737 Max, Boeing has continued to build new airplanes and there are now...