Positioning of the Asturian metal industry in the Global Value Chains analysis

Content and goals:

MetaIndustry4, in collaboration with Asturex, has developed the first analysis on the Positioning of the metal industry of Asturias in the Global Value Chains.

As a result of about thirty interviews conducted with the main entrepreneurs and managers of the Cluster industrial companies, it is clear that the companies of the region are present in a score of global chains of value, highlighting the presence and importance in chains such as the petrochemical sector, renewable and conventional energy, construction and building or steel and metallurgy.

The analysis highlights sectors and geographic markets with great growth potential in the region, such as the automotive, railway or mining, as well as the markets of Asia, Russia and Oceania as the “markets of the future” for the Asturian metal industry.

On the other hand, the study concludes the high level of specialization of the Asturian metal in the manufacture of equipment goods, its good image in the international market and its marked exporter character.

Finally, the analysis proposes some challenges to guide the growth strategy of the sector, such as the need to increase the number of EPCs, companies that contract directly with the final customer of each global value chain, as well as bet on the innovation and technology for the development of differentiated products endowed with greater added value.

Achievements:

This is the first analysis carried out in Asturias that studies the positioning of the regional metal industry in the Global Value Chains.