[TheForge] steel prices

[marc3rd]

I know scrap metal prices have gone down. So it must be across the board

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From: "terry l. ridder" <terrylr at blauedonau.com>
Sent: Thursday, June 04, 2009 2:19 AM
To: "theforge e-mail list" <theforge at mailman.qth.net>
Subject: [TheForge] steel prices

> hello;
> 
> i was out today running errands and getting qoutes on some steel. i had
> a quote from 20 march 2009 so i figured i get an updated quote. i was
> shocked at ther difference between the two quotes for the same order of
> steel. the salesman at dimco (dekalb iron and metal company) was equally
> shocked. he said that he checked it twice before he printed out the
> quote.
> 
> the 20 march 2009 quote is  $2,569.35 usd
> the 03 june  2009 quote is  $1,742.68 usd
> 
> a difference of $826.67 usd. by waiting two month roughtly to order the
> steel there is a savings of $826.67 usd.
> 
> i am curious if others have seen this drop in steel/metal prices in
> their locales. i had heard the steel prices were dropping like a rock in
> illinois and indiana but i did not expect that drastic a drop.
> 
> the salesman at dimco even suggested that if i were to wait two more
> weeks that i may save an additional $200.00 to $300.00 usd on the quote.
> that would be a possible savings of $1,026.67 to $1,126.67 usd. that is
> nearly 40 percent off the original quote.
> 
> 
> -- 
> terry l. ridder ><>
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