Where Are Fastener Prices Headed?
2/8/2013 12:01:00 AM
FEATURE
The results are tallied, and the FIN Survey revealed some interesting aspects of business in the fastener industry last year, including a somewhat surprising outcome for fastener prices and manufacturing capacity.
2012 A Solid Year for Fastener Industry
Many report rising sales and profits and stable costs during the year, but weakness persisted in some markets.
Majority Raise Fastener Prices
For 2013, a majority of fastener manufacturers, distributors and importers forecast price gains throughout the supply chain, but how fast and how far remains to be seen.
Company Performance Index Slips
The number of companies reporting lower performance swells from the previous year.
Distributor Margins Down Despite Stable Costs
After two consecutive years of gross margin gains, margins slipped for distributors in 2012.
Manufacturers Report Uneven Year
Operating capacity declined while the Finished Goods Index recorded a third straight year of growth.
FIN subsribers can read the full FIN Survey results by logging in and clicking on the FIN Survey section.
Non-subsribers can purchase FIN Survey results by clicking the Article Store.
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