Reports
Material Impacts December 2009
Thursday, January 28, 2010
Bulletin Number: MI-1209
Prices for most raw materials used to make precision parts have double digit increases for the year ending December 31, 2009. Surcharges, price increases, and short supplies of even common items characterize today’s market. Until larger inventories of scrap build up from increases in production, the industry and its supply chain face a paradox of no scrap from which to make steel, therefore no steel to make parts, therefore, no scrap to make steel… Copper and brass has doubled over the year. Aluminum is up over 40%. We anticipate spikes in surcharges, allocation, and long lead times throughout the first quarter of 2010.
Contact Name: Miles Free
Contact Email: mfree@pmpa.org
Contact Phone: (440) 526-0300
Related Files:
Material Impacts Report - December 2009
