[TheForge] Scrap steel prices

[Todd Rich]

On Mon, 27 Oct 2008, James Binnion wrote:

> Virtually every commodity price was highly inflated by the economic 
> distortions of the past couple of bubbles. Now that some form of reality is 
> setting back in  the prices are beginning to return to something closer to 
> their true value ( what it actually costs to produce them)
>
> Jim
>

Yep.  China is also cutting back on their demand, so that is helping to 
drop the prices as well.

Also played heck with my plan to buy up 3 old TIG welders that had 400#s 
of copper in each of them for a total of $1125, and sell the copper and 
use the profits to buy a decent TIG welder.  Glad I checked it out right 
AFTER the price dropped from $3 something a pound to $1.86/lb. rather than 
before.

Oh well.

If anybody is interested in old Miller 330 A/BP TIG welders, I can point 
you to a place in Philadelpha that has them cheap.  However their low 
amperage control isn't great and the HF probably needs work.
 			Todd