Category: Raw Materials

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

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

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

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

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

There are several reasons that steel prices are staying high thru the summer, and here is what I am hearing. Scrap prices are staying high this summer due to the weak dollar. A Lot of Exports to

I wanted to give everyone a quick update on where we are with the current steel prices and when the increases might stop. I think that we will see prices level off by the middle of the summer, I

I was looking at the ADP numbers and how that might affect the economy. We have added 297,000 jobs last month according to the ADP data. I think this is great for people who have been unemployed, but

I think that material prices will stay unusually high during the next quarter, for the fall in the value of the US Dollar makes it very hard for any company to bring in Steel from other countries.

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