Fluctuations in the price of copper have a direct impact on the value of an electrical distributor's inventory, and changing prices of other key materials such as steel, aluminum and zinc have their own effects on prices in the market.
With steel prices hitting astronomical highs, John Anton, director of Global Insight steel Service, Waltham, Mass., talked to Electrical Wholesaling about the reasons for the unprecedented prices and his views on when they will let up. Anton has...
The price of copper has been hovering near its all-time high, giving a nice lift to electrical distributors' revenues at a time when the economy is going soft. Where copper goes from here is anyone's guess.
Steel prices are escalating, exceeding the peak levels manufacturers and distributors experienced in 2004. While steel supply is tight, the market is not experiencing a shortage in supply like it did in 2004.