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08-28-2017, 19:58

Post: 81009

beagle

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MiracleTruss buildings

Just a comment on the alleged rate hikes. For all practical purposes, they are real. Since the expansion in the Chinese economy has driven the price of scrap up 100% in the U.S since the first of the year, the price of structural products has risen equally. It should be noted that 80% of the raw material used to cast structural shapes in the U.S is scrap steel products. With the price of scrap went the price of steel shapes. The structural mills in the U.S have issued surcharges, costs to be added to their price lists, that total in some cases $120/cwt, or $240/ton. Average mill cost in December 2003 was $400/ton. Average cost with surchages in March 2004 is $640/ton. At this rate, it will be cost competitive to re-fire the blast furnaces and start casting structural shapes at intergrated mills again.

Sorry for the diversion. I have to deal with this every day.

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08-29-2017, 05:47

Post: 81016

beagle

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MiracleTruss buildings

Sorry, wood prices are expected to rise 30% this year.

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