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Steel prices rising


Wally
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I don`t know about the rest of the country but here we are seeing a minimum increase of 30% on cold roll. Stainless up to 50%. Don`t get me wrong - but since President Bush has increased the teriff it caused China to buy up all our scrap metal. Now look what`s happening. I stand by Bush but this sure is putting a hurt on us.

SemperFi

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Yeah I remember getting people down to $1.28 lb for Stainless 5 years ago now I have seen people asking as much as $3.50 lb WTF. I can also remember getting CRS for $.27lb see that is the way of the dogs and only 5 years.

 

WTF and hen we do everything in our goverment to make use slaves to forgien metal. It is getting harder and harder to find mills to quote you mills runs of material.

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You guys are correct!

 

I just don't understand this?

 

I was thinking about putting up a steel building up in northern Nevada and the same thing is happening! The price that they want for steel buildings now is nuts!. The steel going up even makes buying existing buildings more expensive!

 

Mike

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