From sanctions to tariffs, aerospace manufacturers are "flying blind" when it comes to understanding the risks of the raw material supply chain. With the global aerospace industry consuming 1.7 billion pounds of raw materials across all levels of the supply chain, aerospace analyst and regular Aviation Week columnist Kevin Michaels discusses this all-encompassing issue with Supply Dynamics' CEO, Trevor Stansbury in the Aviation Week editorial "Threats Loom For Aerospace Raw Material Supplies."
Booming Demand, Tariffs, Geopolitics & Raw Material Supply
- A major mill is no longer taking orders for 2018 while others are utilizing "price in effect" meaning the price of aluminum is variable on an order.
- Aluminum mills considering the option to cap the volume it will sell to a customer - this hasn't happened since the mid-2000s
- Russia has indicated it may cut off supply of titanium of which Boeing depends on for 35% of its titanium supply