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españolCOLD ROLLED Most of the integrated mills are full for March on Cold Rolled. We were busy rushing our March orders to the likes of AK and Severstal yesterday. Mittal is currently on lead times but everything I hear tells me that they are full for March. USST is still a questions mark. Have heard […]
Steel Prices Moving Up
Last week, I read a report from Goldman Sachs that said that we have seen the bottom in the steel prices for carbon-based products for the year. This was report was shortly followed by e-mails from the mills to notify us that steel prices moving up starting January 1 2010.
Price Increases
This past Friday, Nucor sent an e-mail to us saying that they are going to raise their prices. I know a lot of people who keep saying that the prices won’t hold, and they are waiting for a decrease. I would not wait to lock in prices, for we are already seeing improvement in the economy. […]
Steel Availability
I am getting concerned about the steel availability even for the most basic products. We have seen our lead time increase this past week. In addition to this pricing has gone up over 20 percent as well. If you want to protect yourself I would suggest that you contact us about setting yourself up on […]
Steel Prices Part II
The steel prices will rise next year, as well as from the rest of the commodities, for the following reasons. The United States has started printing money to help battle the economic crisis, and this is not a political statement just an economic fact. When this has been done in the past it has caused […]
Steel Pricing
Steel Prices are heading up, and we believe that they will move pretty fast over the next couple of months, and will be back above last years pricing. There are several reasons for this. The first one is that the Steel Service Centers are carrying inventory at historic lows. So any increase in demand over […]
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Roller Die Attends Fab Tech in Atlanta
We had just gotten back from the Fab Tech show in Atlanta. It was great seeing everyone there. We had a great show with a lot of traffic. During the next couple months try to lock in all material that you need in the next quarter. I see pricing continuing higher over the next several […]
