Some Future Business Trends

Current materials inventory strategy for chemicals
58% - Reduce
35% - Keep the same
7% - Increase
While prices for many chemicals including benzene are low buyers are not looking to build up inventory

Years need for the steel market to recover
2
World steel demand will continue to remain weak. Even with large global cutbacks in output prices will remain soft to a while

Steel industries green house gas reduction since 1990
33%
US steel industry’s efficiency since 1990 has reduced the energy used and green house gasses emitted per ton of steel shipped, this is way ahead of the target reduction in green house emissions what was proposed in the Kyoto Protocol which was only looking for a 7% average reduction in emissions between1990 to 2012.


Larson note: Inventory is a cost that if not moved and turned over can kill you. Do you know what your inventory turnover ratios are? As for steel, I still like it. I would love to have a steel company as a client because I see only good things in this sector. Heavy equipment out of Obama stimulus package, the need for more double rail track for the nation’s railroads all say good things to me.

Howard Larson
Larson & Associates
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P.S. We make telesales for small business affordable by offering programs down to only 15 hours a week. Maybe you could add telesales into your marketing mix call today and find out.

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*Source: Nippon Steel, American Iron and steel Institute, www.Purchasing.com