Archive for August 24th, 2005
Who Drives Steel Prices?
For a number of years now there have effectively been two completely separate pricing schedules for steel. It is a subject that I and others have touched upon in the past. The large volume OEM’s and particularly automotive manufacturers have used their purchasing power to negotiate favourable prices fixed forward for long periods of time. [...]
Posted: August 24th, 2005 under Steel.
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Steel Price uncertainty
What are we to make of the forward situation regarding steel prices?
The situation during 2005 is far removed from the optimism of last year, where prices increased significantly and a sellers market dominated. It is difficult to fully understand the phenomena, which nevertheless lead to overstocking and high inventory levels at end user and service [...]
Posted: August 24th, 2005 under Steel.
Comments: none