{"id":3656,"date":"2011-02-14T07:58:00","date_gmt":"2011-02-14T07:58:00","guid":{"rendered":"https:\/\/www.worldofsteel.com\/pages\/?p=3656"},"modified":"2021-10-11T11:42:20","modified_gmt":"2021-10-11T11:42:20","slug":"escalating-prices-a-bullwhip-effect","status":"publish","type":"post","link":"https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/","title":{"rendered":"Escalating Prices &#8212; A bullwhip effect"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3656\" class=\"elementor elementor-3656\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-635cf3ae elementor-section-stretched elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle elementor-invisible\" data-id=\"635cf3ae\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeIn&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7b16f56a\" data-id=\"7b16f56a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-605209f4 elementor-widget elementor-widget-heading\" data-id=\"605209f4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Escalating Prices \u2014 A bullwhip effect\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-aaeb4c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aaeb4c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3a3734ee\" data-id=\"3a3734ee\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3a99f855 elementor-widget elementor-widget-text-editor\" data-id=\"3a99f855\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The recent steel price escalation reflects the classic bull whip effect in the global steel supply chain. Primary reason is the constraint of Coke supplies from Australia due to floods in Queensland. This disruption in Coke has created an exponential cascading effect on the steel supply. It is well above the price increase in Coke. Across the supply chain there is hoarding of steel as mills increase prices leaving the end users scrambling for their purchases. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b2711b elementor-widget elementor-widget-text-editor\" data-id=\"2b2711b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Yet another explosive bubble is building up. Already Hot Rolled is being talked of in the region of USD 1000\/- in coming months. Of course at some time (maybe a few months), Coke supplies will stabilize. Mills will be able increase their supplies and resulting slight downward trend will result in panic selling and then the bullwhip will be in reverse. Demand will die and and panic will result with mills unable to move materials result in further lowering and backward exponential cascading effect. The reverse bullwhip will be even worse and of course leave many shell shocked (and possibly too overstretched to survive). <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60373325 elementor-widget elementor-widget-text-editor\" data-id=\"60373325\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If only we could be brave when others were fearful. And fearful when others were brave. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-72e38a31 elementor-widget elementor-widget-text-editor\" data-id=\"72e38a31\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>dtd. 14\/02\/2011<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Escalating Prices \u2014 A bullwhip effect The recent steel price escalation reflects the classic bull whip effect in the global steel supply chain. Primary reason is the constraint of Coke supplies from Australia due to floods in Queensland. This disruption in Coke has created an exponential cascading effect on the steel supply. It is well [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"page-builder","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"enabled","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[],"class_list":["post-3656","post","type-post","status-publish","format-standard","hentry","category-steel-trenches"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Escalating Prices - A bullwhip effect -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Escalating Prices - A bullwhip effect -\" \/>\n<meta property=\"og:description\" content=\"Escalating Prices \u2014 A bullwhip effect The recent steel price escalation reflects the classic bull whip effect in the global steel supply chain. Primary reason is the constraint of Coke supplies from Australia due to floods in Queensland. This disruption in Coke has created an exponential cascading effect on the steel supply. It is well [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/\" \/>\n<meta property=\"article:published_time\" content=\"2011-02-14T07:58:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-11T11:42:20+00:00\" \/>\n<meta name=\"author\" content=\"WosstEEL\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"WosstEEL\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/2011\\\/02\\\/14\\\/escalating-prices-a-bullwhip-effect\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/2011\\\/02\\\/14\\\/escalating-prices-a-bullwhip-effect\\\/\"},\"author\":{\"name\":\"WosstEEL\",\"@id\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/#\\\/schema\\\/person\\\/d5c5502a723046894f484e9502df3e64\"},\"headline\":\"Escalating Prices &#8212; A bullwhip effect\",\"datePublished\":\"2011-02-14T07:58:00+00:00\",\"dateModified\":\"2021-10-11T11:42:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/2011\\\/02\\\/14\\\/escalating-prices-a-bullwhip-effect\\\/\"},\"wordCount\":208,\"commentCount\":0,\"articleSection\":[\"Steel Trenches\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/2011\\\/02\\\/14\\\/escalating-prices-a-bullwhip-effect\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/2011\\\/02\\\/14\\\/escalating-prices-a-bullwhip-effect\\\/\",\"url\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/2011\\\/02\\\/14\\\/escalating-prices-a-bullwhip-effect\\\/\",\"name\":\"Escalating Prices - A bullwhip effect -\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/#website\"},\"datePublished\":\"2011-02-14T07:58:00+00:00\",\"dateModified\":\"2021-10-11T11:42:20+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/#\\\/schema\\\/person\\\/d5c5502a723046894f484e9502df3e64\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/2011\\\/02\\\/14\\\/escalating-prices-a-bullwhip-effect\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/2011\\\/02\\\/14\\\/escalating-prices-a-bullwhip-effect\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/2011\\\/02\\\/14\\\/escalating-prices-a-bullwhip-effect\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Escalating Prices &#8212; A bullwhip effect\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/#website\",\"url\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/\",\"name\":\"\",\"description\":\"Just another WordPress site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/#\\\/schema\\\/person\\\/d5c5502a723046894f484e9502df3e64\",\"name\":\"WosstEEL\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/01213a58e96fdb764df81ffb13d182d18dd20c556de1fbaa95b5f6d3b44a430a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/01213a58e96fdb764df81ffb13d182d18dd20c556de1fbaa95b5f6d3b44a430a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/01213a58e96fdb764df81ffb13d182d18dd20c556de1fbaa95b5f6d3b44a430a?s=96&d=mm&r=g\",\"caption\":\"WosstEEL\"},\"sameAs\":[\"https:\\\/\\\/www.worldofsteel.com\\\/pages\"],\"url\":\"https:\\\/\\\/www.worldofsteel.com\\\/pages\\\/author\\\/steel\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Escalating Prices - A bullwhip effect -","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/","og_locale":"en_US","og_type":"article","og_title":"Escalating Prices - A bullwhip effect -","og_description":"Escalating Prices \u2014 A bullwhip effect The recent steel price escalation reflects the classic bull whip effect in the global steel supply chain. Primary reason is the constraint of Coke supplies from Australia due to floods in Queensland. This disruption in Coke has created an exponential cascading effect on the steel supply. It is well [&hellip;]","og_url":"https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/","article_published_time":"2011-02-14T07:58:00+00:00","article_modified_time":"2021-10-11T11:42:20+00:00","author":"WosstEEL","twitter_card":"summary_large_image","twitter_misc":{"Written by":"WosstEEL","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/#article","isPartOf":{"@id":"https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/"},"author":{"name":"WosstEEL","@id":"https:\/\/www.worldofsteel.com\/pages\/#\/schema\/person\/d5c5502a723046894f484e9502df3e64"},"headline":"Escalating Prices &#8212; A bullwhip effect","datePublished":"2011-02-14T07:58:00+00:00","dateModified":"2021-10-11T11:42:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/"},"wordCount":208,"commentCount":0,"articleSection":["Steel Trenches"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/","url":"https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/","name":"Escalating Prices - A bullwhip effect -","isPartOf":{"@id":"https:\/\/www.worldofsteel.com\/pages\/#website"},"datePublished":"2011-02-14T07:58:00+00:00","dateModified":"2021-10-11T11:42:20+00:00","author":{"@id":"https:\/\/www.worldofsteel.com\/pages\/#\/schema\/person\/d5c5502a723046894f484e9502df3e64"},"breadcrumb":{"@id":"https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.worldofsteel.com\/pages\/2011\/02\/14\/escalating-prices-a-bullwhip-effect\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.worldofsteel.com\/pages\/"},{"@type":"ListItem","position":2,"name":"Escalating Prices &#8212; A bullwhip effect"}]},{"@type":"WebSite","@id":"https:\/\/www.worldofsteel.com\/pages\/#website","url":"https:\/\/www.worldofsteel.com\/pages\/","name":"","description":"Just another WordPress site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.worldofsteel.com\/pages\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.worldofsteel.com\/pages\/#\/schema\/person\/d5c5502a723046894f484e9502df3e64","name":"WosstEEL","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/01213a58e96fdb764df81ffb13d182d18dd20c556de1fbaa95b5f6d3b44a430a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/01213a58e96fdb764df81ffb13d182d18dd20c556de1fbaa95b5f6d3b44a430a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/01213a58e96fdb764df81ffb13d182d18dd20c556de1fbaa95b5f6d3b44a430a?s=96&d=mm&r=g","caption":"WosstEEL"},"sameAs":["https:\/\/www.worldofsteel.com\/pages"],"url":"https:\/\/www.worldofsteel.com\/pages\/author\/steel\/"}]}},"_links":{"self":[{"href":"https:\/\/www.worldofsteel.com\/pages\/wp-json\/wp\/v2\/posts\/3656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldofsteel.com\/pages\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.worldofsteel.com\/pages\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldofsteel.com\/pages\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldofsteel.com\/pages\/wp-json\/wp\/v2\/comments?post=3656"}],"version-history":[{"count":6,"href":"https:\/\/www.worldofsteel.com\/pages\/wp-json\/wp\/v2\/posts\/3656\/revisions"}],"predecessor-version":[{"id":6567,"href":"https:\/\/www.worldofsteel.com\/pages\/wp-json\/wp\/v2\/posts\/3656\/revisions\/6567"}],"wp:attachment":[{"href":"https:\/\/www.worldofsteel.com\/pages\/wp-json\/wp\/v2\/media?parent=3656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.worldofsteel.com\/pages\/wp-json\/wp\/v2\/categories?post=3656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.worldofsteel.com\/pages\/wp-json\/wp\/v2\/tags?post=3656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}