18
Nov
18:00
Rochester Iron begins supply chain finance program
Indiana-based Rochester Iron & Metal has partnered with working capital finance provider LSQ to begin a supply chain finance program allowing suppliers for the steel processor to receive early payment on invoices sent to the company.
According to Rochester Iron, this partnership will help alleviate longer payment terms for steel suppliers in the US and create a more healthy domestic supply chain.
"We are also on the other side of the buyer/supplier relat…
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Anonymous
Very good overview of the weekly steel market.
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