Final Thoughts

January 17, 2022
Letter to the Editor: Accounting Is Not a Trick
Written by Tim Triplett
I was reading your Final Thoughts and appreciated most of your comments, but I have some major issues with the inaccuracy of this paragraph.
“Accounting tricks like inventory write-downs can help narrow the gap between a service center’s cost for steel and what a customer is willing to pay for it. But some losses are inevitable, at least until the price declines begin to plateau.”


