SMU Data and Models
August 21, 2014
Service Centers Continue to Keep Price Momentum Going
Written by John Packard
Both manufacturing companies and service centers reported similar results regarding the status of spot pricing out of the distributors into their end user customers.
Manufacturers reported distributors spot pricing as being either stable (no change) which gathered 73 percent of the responses or rising which attracted 23 percent of those manufacturing companies who responded to this week’s survey. Only 4 percent reported seeing prices falling from their service center suppliers.
