Art of Metal Management & Procurement
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Quality of scrap metal
Very simply, if the quality does not meet (or better, exceed) your specifications, your process and final product quality are in jeopardy.
Stay quality focused!
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Dependability and Excellence of Service
This attribute requires your suppliers to be attentive to your unique needs and just as importantly, they must be an unfailing partner whom you can trust, and have confidence in, that a long-term relationship will withstand the test of time.
Like a Rock!
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Competitive Prices
Assuming your suppliers are able to meet the Quality and dependability service, they must also provide competitive, market driven, pricing structures.
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Selling Dictates Buying Practice
To illustrate this point, if you have offered your customer (or he or she has demanded) a fixed price for your product to be delivered sometime in the future, it is incumbent upon your organization to lock in the cost of the raw materials associated with that sale. This is particularly important given the extreme level of volatility that metals have experienced over the past ten years. Sometime drop of 50-65% drop in 6 months.
Price risk exposure must be properly managed and you should have a strong supply partner who can assist in your efforts. -
Price Risk Managment
Whether you want to lock in a daily spot price, a monthly average or have a specific transaction or time period to cover, B2B Trade is here to help you reduce the risk of dramatic metal price movements.
Our team of metals experts is available to meet with you and your colleagues to discuss price risk management in greater detail and to explain the various approaches we can offer your firm.
Ultimately, our goal is to exceed your expectations and become your trusted long-term partner.
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Food for Thought
Did you know that more than 90% of the total product price is driven by global market forces, reflected in minute-by minute price changes on the New York Commodity Exchange, the London Metal Exchange, and the Shanghai Futures Exchange? It is the management of this ‘base metal price’ that will determine the ultimate profitability, or outcome, of your purchase. It necessarily follows that you need a strong, dependable supply partner, who not only understands your individual pricing requirements, but also has the knowledge, skills and experience, as well as the requisite capital structure, to carry out your pricing requests.