Melrose Industries (MLSPF) 4.1200 $MLSPF
Hot Wires: Mechanical Cable Procurement Category Market Research Report from IBISWorld has Been Updated
PRWeb - Fri Mar 27, 2:01AM CDT
The mechanical cable market has a buyer power score of 3.3 out of 5, indicating that buyers have a slight advantage over suppliers when negotiating supply agreements. Buyers primarily benefit from the favorable pricing environment in the market. Despite strong postrecession demand from construction and industrial industries, falling input costs and increasing import competition have brought mechanical cable prices down over the past three years. For instance, "recent declines in steel prices have enabled suppliers to lower their production costs and bolster profit margins while also keeping prices low," says IBISWorld research analyst Sean Windle. Furthermore, rising import competition has spurred additional price competition in the market because US companies must compete with suppliers in China and other low-cost producing countries that can offer comparable goods at a fraction of the cost. Current major vendors include ArcelorMittal, Melrose Industries and WireCo WorldGroup.
Ontario Teachers' Pension Plan agrees to acquire Bridon Limited
CNW Group - Mon Oct 13, 9:57AM CDT
The Ontario Teachers' Pension Plan (Teachers'
today announced an agreement to acquire Bridon Limited (Bridon), a global leader in the manufacture of wire rope, from Melrose Industries PLC.
Hot Wires: Mechanical Cable Procurement Category Market Research Report from IBISWorld has Been Updated
PRWeb - Fri Mar 27, 2:01AM CDT
The mechanical cable market has a buyer power score of 3.3 out of 5, indicating that buyers have a slight advantage over suppliers when negotiating supply agreements. Buyers primarily benefit from the favorable pricing environment in the market. Despite strong postrecession demand from construction and industrial industries, falling input costs and increasing import competition have brought mechanical cable prices down over the past three years. For instance, "recent declines in steel prices have enabled suppliers to lower their production costs and bolster profit margins while also keeping prices low," says IBISWorld research analyst Sean Windle. Furthermore, rising import competition has spurred additional price competition in the market because US companies must compete with suppliers in China and other low-cost producing countries that can offer comparable goods at a fraction of the cost. Current major vendors include ArcelorMittal, Melrose Industries and WireCo WorldGroup.
Ontario Teachers' Pension Plan agrees to acquire Bridon Limited
CNW Group - Mon Oct 13, 9:57AM CDT
The Ontario Teachers' Pension Plan (Teachers'
today announced an agreement to acquire Bridon Limited (Bridon), a global leader in the manufacture of wire rope, from Melrose Industries PLC. 
