Suppliers dissatisfied with OEMs over steel crisis; pessimistic on costs outlook
64% of suppliers surveyed in SupplierBusiness' recent survey of suppliers were either dissatisfied or very dissatisfied with the way that OEMs had addressed the steel problems of the industry. In addition, although most (71%) say the problems are a little better than six months ago, a significant number (one-third) still expects steel prices to rise again in the next six months, and very few (3%) expect steel prices to fall a lot. Most suppliers also see serious problems with other raw materials.
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