Mixed views on extruder’s pricing shift
Jun 25, 2014 | 04:22 PM
| Daniel Fitzgerald
NEW YORK Thermal aluminum extrusion manufacturer Wakefield-Vette Inc.s shift to a bimonthly pricing model in an effort to cope with aluminum price volatility is drawing mixed reactions from industry players.
"Yes, the change they announced would temper to some degree large movements in pricing, particularly for order date pricing customers. Here, if we have customers that try to manipulate, we just tell them we are going to change the price for out of place or unusual order volume changes to what it would have been if it was handled normally. We dont have regular problems with this because we have regular long-term customers that understand we wont allow this during large pricing swings," one extrusion company executive told AMM, noting that his company would "take a look at this option."....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.