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Haynes International 
Metals / Metals and Alloys Manufacturing
Risks
1. Economic Risks: As a manufacturer of specialty alloys, increased costs of raw materials, rising inflation, and lower consumer demand due to economic downturns can reduce the company's profitability.
2. Competitive Risks: Haynes International faces stiff competition in the form of more dominant international companies with established customer base and cost-effective production processes.
3. Political Risks: The company may suffer losses due to unfavorable government policies, trade barriers, and taxes.
4. Technological Risks: The company's dependence on manual processes and manual machinery increases the risk of product defects and lower quality that could reduce revenue.
5. Regulatory Risks: Khaynes International faces the risk of liability and enforcement action due to environmental regulations or occupational safety standards.