Steel Partners Holdings L P's Comment on Supply Chain
The Diversified Industrial segment utilizes various raw materials, including precious metals such as silver, gold, and palladium, typically acquired through consignment arrangements with financial institutions. Additional raw materials include stainless steel, silicon steel, carbon steel, aluminum, copper, tin, nickel alloys, high-performance alloys, permanent magnets, electronic and electrical components, chemicals, plastic compositions, fiberglass, quartz, aramid yarns, polyester scrim fabric, PET film, organic solvents, resins, pigments, and adhesives. These materials are generally purchased at open market prices from multiple domestic and international suppliers. The segment has not encountered significant difficulties in obtaining necessary raw materials, although prices and availability may be influenced by global market conditions and government policies. To mitigate price fluctuations for precious and certain non-precious metals, the company employs commodity futures and forward contracts. The businesses also require substantial amounts of electricity, oil, and natural gas; shortages or government allocations of these resources could increase production costs or limit production capacity.
Steel Partners Holdings L P's Comment on Supply Chain
The Diversified Industrial segment utilizes various raw materials, including precious metals such as silver, gold, and palladium, typically acquired through consignment arrangements with financial institutions. Additional raw materials include stainless steel, silicon steel, carbon steel, aluminum, copper, tin, nickel alloys, high-performance alloys, permanent magnets, electronic and electrical components, chemicals, plastic compositions, fiberglass, quartz, aramid yarns, polyester scrim fabric, PET film, organic solvents, resins, pigments, and adhesives. These materials are generally purchased at open market prices from multiple domestic and international suppliers. The segment has not encountered significant difficulties in obtaining necessary raw materials, although prices and availability may be influenced by global market conditions and government policies. To mitigate price fluctuations for precious and certain non-precious metals, the company employs commodity futures and forward contracts. The businesses also require substantial amounts of electricity, oil, and natural gas; shortages or government allocations of these resources could increase production costs or limit production capacity.
Sources:
Steel Partners Holdings L p 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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