2 ms·
You do everything you can to control raw materials prices, hedging gets you a lot of the way there, but what happened to commodities prices in the mid-2000's wa
by mikeyouse 11y ago
You do everything you can to control raw materials prices, hedging gets you a lot of the way there, but what happened to commodities prices in the mid-2000's was completely unprecedented. After holding pretty much steady for the previous 25 years, from 2002 to 2008, the price of steel tripled on worldwide markets.
https://research.stlouisfed.org/fred2/graph/fredgraph.png?g=28Fu https://research.stlouisfed.org/fred2/graph/fredgraph.png?g=...