Research into the metals industry, carried out by Pricewaterhouse Coopers (PwC), has found that the industry is suffering from problems brought about by issues of liquidity of in the supply chain.
Like many industries across the world, the metals supply chain is freezing up as a result of clients not being able to buy materials, PwC has said.
Jim Forbes, global metals leader at PricewaterhouseCoopers, said: "It is no surprise that metals [chief executives] are more gloomy than their peers in other industries.
"Even in areas where there is still demand for metals, many customers cannot access Letters of Credit to support their orders."
The problems will be familiar to companies across the UK, and demonstrate precisely why supply chain operations have been thrust into the centre of business activity in the past 12 months.
Organisations hoping to either reduce outgoings or add value to their product by reducing CO2 emissions could benefit from contracting a supply chain management company, which could offer experience and insider knowledge to provide companies with the best supply chain solutions possible.
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