Service Centers
February 9, 2014
Service Center Spot Pricing Faltering
Written by John Packard
Manufacturing companies and service centers are beginning to agree on one topic: service center spot prices are faltering and spot price offers are beginning to drop. The percentage of manufacturing companies reporting lower spot prices out of the service centers rose from 4 percent in early January to 20 percent. At the same point in time, the percentage of manufacturing companies reporting distributor’s pricing as rising dropped from 55 percent down to 20 percent.
