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Spotlight

SGS Trade Services: Because Trade is Built on Trust

Wed, 10/18/2017 - 10:57

Whether considering the weighing, sampling and analysis of metals in their various forms or the movement of mineral commodities in bulk, either of these stages of metals transport can introduce significant commercial risk to all parties involved in the trade chain. Quantitative and qualitative parameters must be verified throughout the transaction and transport process. Often specialized services and expertise are needed.

SGS is the world’s leading training, testing, inspection, certification and verification company, with experience, expertise and a global reach. Whether clients are selling, buying or transporting commodities, SGS is ready to independently verify the shipment weight and quality parameters for them.

SGS offers a full spectrum of trade support services focused on risk management for all mineral commodities including base metal concentrates, precious metals, secondary and scrap, automotive and refining catalysts, fertilizers, coal and coke, wood pellets, iron ore and industrial minerals. With offices in the most important ports in Mexico - Manzanillo, Lazaro Cardenas and Guaymas – the company has served metals traders since its inception.

For both trading parties to feel satisfied with their side of the deal, the key component is trust. SGS is the neutral and independent provider of all the information that helps build trust between trade partners. The company can certify that products are in compliance with laws, regulations, rules, standards, import/export requirements, safety regulations, chemical composition, durability and environmental impact parameters.

SGS inspects, tests and verifies to provide the independent control and assurance that allows banks and the finance world to provide loans and letters of credit to those who trade, by independently assessing and assuring that the traded goods are indeed what the parties expect them to be.

SGS also helps countries that are ramping up their institutional infrastructure to deal with import and export control and compliance inspections at the point of departure or destination. It can also provide valuation services that help countries maintain a smooth flow of imports and exports as well as providing independent information for tax purposes. By doing this SGS can help ensure that global trade flows continue to function as efficiently and fairly as possible.