29
Dec
14:14
OEMs pursue dual strategy in annual steel negotiations
In the negotiations for annual coil supply contracts, big automotive customers have reportedly treated mills with relative sympathy, but played tricks with their supplier base.
“I heard the OEMs [original equipment manufacturers] were rather moderate, and did not force the mills to take the spot market as the common ground,” Kallanish hears from a market observer. Apparently, the manufacturing industry is becoming increasingly aware of the massive chal…
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Anonymous
Very good overview of the weekly steel market.
Anonymous