[TheForge] price of steel
Andrew Vida
osan at netlabs.net
Tue Jul 26 15:48:26 EDT 2011
On 7/26/2011 2:55 PM, Paul Novorolsky wrote:
> Ugh. I was just placing an order for some steel. A-36 is in the $1.35/lb
> range, and 1018(cold rolled) is up in the $2.20/lb range. Is that about
> "normal" these days?
>
> Today's news in the financial world is that the steel suppliers are
> reducing their outlook. US Steel is down like 8% today. Maybe the
> bargain today is in steel stock, not the actual product.
>
> **Paul
I just priced W8-10 I-beam - 20 ft. length at $235. That's about
$12/ft. @ 10#/ft, about $1.20/#
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