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#35880 - 03/22/04 06:27 PM Steel up over 100%  
golf junkie  Offline
Member
Joined: Apr 2001
Posts: 507
York, NE
Last August I was buying 3/4" emt for .24/ft. Today the counter price I was quoted was .55/ft. [Linked Image]

It's going to be a tough year to mantain margins.


Work Gear for Electricians and the Trades

#35881 - 03/22/04 06:33 PM Re: Steel up over 100%  
Happy Birthday iwire  Offline
Moderator
Joined: Jan 2003
Posts: 4,391
North Attleboro, MA USA
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. [Linked Image]


Bob Badger
Construction & Maintenance Electrician
Massachusetts

#35882 - 03/22/04 07:39 PM Re: Steel up over 100%  
CTwireman  Offline
Member
Joined: Feb 2002
Posts: 840
Connecticut, USA
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

[Linked Image]

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. [Linked Image]

PVC still remains cheap though.


Peter

#35883 - 03/22/04 08:21 PM Re: Steel up over 100%  
walrus  Offline
Member
Joined: Jul 2002
Posts: 680
Bangor Me. USA
I've heard China is buying every piece of steel they can. Watch out, their economy is booming.


#35884 - 03/22/04 11:30 PM Re: Steel up over 100%  
DougW  Offline
Member
Joined: Jun 2003
Posts: 1,143
North Chicago, IL
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.


#35885 - 03/23/04 09:38 PM Re: Steel up over 100%  
CDN_ELECTRICIAN  Offline
Member
Joined: Jan 2003
Posts: 73
Concord,Ontario,Canada
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?)


#35886 - 03/23/04 11:23 PM Re: Steel up over 100%  
Merlin  Offline
Member
Joined: Jan 2004
Posts: 170
NW Indiana
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.


#35887 - 03/24/04 03:20 AM Re: Steel up over 100%  
Spark Master Flash  Offline
Member
Joined: Jul 2003
Posts: 141
Las Vegas, Nevada, USA
That's nice to hear. I just threw away about 400 feet of EMT at the dump tonight.


"When in doubt, short it out"

#35888 - 03/24/04 11:01 AM Re: Steel up over 100%  
Active 1  Offline
Member
Joined: Feb 2003
Posts: 687
Grayslake IL, USA
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


#35889 - 03/24/04 02:55 PM Re: Steel up over 100%  
rowdyrudy  Offline
Member
Joined: Nov 2002
Posts: 169
Mascoutah, IL USA
I seem to recall that Japan was doing this in 1939, 40, 41.

Rowdy


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