Mexican distributors in pricing war: Conadiac
Sep 27, 2012 | 03:17 PM
| Anne Riley
CANCUN, Mexico A cutthroat pricing environment in the Mexican steel distribution sector is making profitability a real challenge for individual service centers, said Raymundo Díaz Oñate, president of Mexican steel distributors association Conadiac.
"Weve adopted the mentality of, What Im not selling is being sold by my competitor, so weve begun this price war. But now the pie is much smaller because of lower demand, and were fighting for the crumbs. We need to change that focus," Díaz said at the second annual Mexican Steel Conference hosted by Mexican steelmakers association Canacero.....
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