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Joined: Apr 2001
Posts: 507
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Last August I was buying 3/4" emt for .24/ft. Today the counter price I was quoted was .55/ft. It's going to be a tough year to mantain margins.
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Joined: Jan 2003
Posts: 4,391
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Our purchasing dept has told estimating to careful how and what they bid. We may not be able to get Steel raceway at any price for awhile. Some sort of steel mine closing.
Bob Badger Construction & Maintenance Electrician Massachusetts
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Joined: Feb 2002
Posts: 840
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I checked "Home Cheepo" today for prices (usually they are lower on pipe and wire than the major supply stores around here.) 1/2 emt $1.99 3/4 emt $4.00 14/2 rx $22.50 12/2 rx $31.50 14/3 rx $35.50 #12 thhn stranded $29.50 My contact at the local supplier says they can't use the price in the computer system anymore. They have to call the buyers at the main office. PVC still remains cheap though.
Peter
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Joined: Jul 2002
Posts: 680
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I've heard China is buying every piece of steel they can. Watch out, their economy is booming.
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Joined: Jun 2003
Posts: 1,143
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Big Orage Box was $1.17/10' 1/2" EMT and $2.79/10' 3/4" when I checked just a few weeks ago (maybe 3 months).
Yeesh.
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Joined: Jan 2003
Posts: 73
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We are having big issues with suppliers not wanting to issue pricing on anything with steel in it or Wire due to the prices of Copper and Steel.
My brother works for a Large Mine here in Ontario and he said that the Chinese are buying up "slurry" (unrefined ore) from small mines {and scrap steel}that do not have their own smelters. They are stock piling the stuff and it's driving up the prices here.
Walrus is correct, if somebody does not start watching this stuff we are all in be trouble, both sides of the border.
On a side note: I read somewhere (October or November 2003) that "FORD" is moving 1 billion dollars worth of automotive part making over to China!!! (Humm, I wonder how many jobs that will cost the USA, Canada and Mexico?)
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Joined: Jan 2004
Posts: 171
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I have been "pricing" my suppliers, and they even say pvc is going up too. Something to do with the materials used to make it.
I have found that some things you can still get "reasonable" from the major suppliers, but the local suppliers are raising prices daily. Guess it's going to be tough bidding.
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Joined: Jul 2003
Posts: 141
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That's nice to hear. I just threw away about 400 feet of EMT at the dump tonight.
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Joined: Feb 2003
Posts: 687
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I keep reading the chinese are buying all the copper and steel they can. What are they doing with it? Making buildings? Or making bullets, tanks, and ships?
Tom
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Joined: Nov 2002
Posts: 169
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I seem to recall that Japan was doing this in 1939, 40, 41.
Rowdy
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Posts: 44
Joined: July 2013
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