[TheForge] steel costs
Howell Steve
steve.howell at siemens.com
Fri Oct 29 09:51:30 EDT 2004
Ditto on the NW left coast, Ralph.
The only good thing about rising steel prices is that domestic mills can
actually start making it at a profit. We have a re-melt mill here in
Seattle "Nucor", used to be Bethlehem, that has somehow been able to
continue to make a run at it.
I can't tell you how good it feels to pass a flatbed on the highway with a
load of steel that says 'USA' on it. I almost want to pee my pants!
Steve
Seattle
>>>>>>>>
Fred, I just returned from the steel yard and paid $ 0.59 per pound. I
picked up a ton of steel to replenish the rack so that may be a bit of a
price break from a walk in on small amounts.
The steel supplier said to figure 75 cents across the board to be relatively
safe. This price is hard to swallow - but it beats the fiasco of last
February when they wouldn't hold a steel price for 24 hours. That
unpredictability was killing fabricators - where they bid a job, then go to
get the steel and find it had risen 10-45%.........this all had to come out
of their profits and it really killed many of them last winter.
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