TITLE

Service Center Cowboys Shoot Industry in Foot

AUTHOR(S)
Triplett, Tim
PUB. DATE
April 2007
SOURCE
Metal Center News;Apr2007, Vol. 47 Issue 5, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Editorial
ABSTRACT
The author reflects on the thought of service centers that buying low steel quantity and selling them high because steel prices are trending up is a big win for them in the U.S. He remarked that such move forces prices to go down and they end up hurting themselves and the steel industry. He added that distribution channels are digging itself out of an inventory glut caused by excessive and speculative buying. The author also cited some observations of veterans regarding the situation.
ACCESSION #
24877161

 

Related Articles

  • MSCI: Steel, Aluminum Inventories Drop in May as Demand Slows in U.S., Canada.  // Metal Center News;Jul2007, Vol. 47 Issue 8, p47 

    The article reports on the decrease for the demand of industrial metals softening, inventories of steel and aluminum products in May 2007 at the service centers of the U.S. and Canada. According to Metals Service Center Institute, demand decreased by 2 to 5% from the April 2007 levels based on...

  • Global Market Overview.  // China Metals Report;Q3 2011, Vol. 3 Issue 3, p9 

    The article focuses on the economic forecasts regarding the steel industry in China. It states that the average prices of steel will amount to 580 U.S. dollars per tonne in 2011 and 620 U.S. dollars per tonne in 2012. It mentions that the excess overcapacity in the Chinese market, rising...

  • STEEL PRICES SOAR. Funk, Dale // Electrical Wholesaling;May2008, Vol. 89 Issue 5, p30 

    The article focuses on the status of the prices of steel in 2008. It states that steel prices are rising dramatically and it force manufacturers to increase the prices by five percent to ten percent on their steel products. Meanwhile, several manufacturers and representatives are calling the...

  • "Half Bad" 2008 Lingers Over '09 Outlook.  // Metal Producing & Processing;Jan/Feb2009, Vol. 47 Issue 1, p11 

    The article provides a global economic outlook for the steel industry for 2009. It expected that it is nearly as grim as the second half of 2008, with weak industrial demand. It projected that producers and service centers will try to bring supply and inventory into some reasonable alignment,...

  • Information and Inventory in Distribution Channels. Iyer, Ganesh; Narasimhan, Chakravarthi; Niraj, Rakesh // Management Science;Oct2007, Vol. 53 Issue 10, p1551 

    We examine the trade-offs between demand information and inventory in a distribution channel. While better demand information has a positive direct effect for the manufacturer in improving the efficiency of holding inventory in a channel, it can also have the strategic effect of increasing...

  • Untitled.  // Electronics Weekly;4/7/2010, Issue 2422, p7 

    An interview with Dean Hassell, general manager of Arrow UK, is presented. He explains his anticipation of the strong order book with a slight flattening of demand. He refers to the lighting and illumination markets as the most active end markets in Europe and Great Britain. When asked about the...

  • Taking The Risk Out Of Supply Chains.  // Business Credit;Jun2005, Vol. 107 Issue 6, p69 

    This article focuses on the movement of goods and supplies throughout the world. The fact that the movement of goods and supplies throughout the world has been disrupted by incidents such as the Iraq war, the 2003 SARS outbreak, and the 9/11 terrorist attacks, or more localized problems such as...

  • From the Publisher. Krukowski, Nick // Canadian Transportation & Logistics;Jul2004, Vol. 107 Issue 7, p3 

    Comments on the dramatic changes in the fields of transportation and supply chain management in Canada. Acceleration of the pace of change in the supply market; Growth in the size and capacity of ocean going container vessels; Importance of finding and maintaining an excellent working...

  • ANALYSIS OF THE DETERMINISTIC (s, S) INVENTORY PROBLEM. Iyer, Ananth V.; Schrage, Linus E. // Management Science;Sep92, Vol. 38 Issue 9, p1299 

    The traditional or textbook approach for finding an (s, S) inventory policy is to take a demand distribution as given and then find a reorder point s and order up to point S that are optimal for this demand distribution. In reality, the demand distribution may have been obtained by fitting it to...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics