Plyd

Steel procurement review

27 Jun, 09:48 · 08:54Transcribed

Summary

Flagged rising HR coil prices and low zinc stock. Lock forward cover before the next tracker run.

Key points

  • HR steel coil prices are trending up.
  • Zinc stock for galvanising is below safe level.
  • Forward cover lead time is about 3 weeks.

Action items

  • Lock forward cover on HR coil this week.
  • Raise a zinc reorder before the next tracker run.

Transcript

00:00
Rajiv

What's moving on input costs?

01:05
Procurement

HR coil is up, and zinc is under safe stock.

03:30
Rajiv

Lock forward cover this week, lead time is three weeks.

05:10
Procurement

On it. I'll raise the zinc PO today.