[TowerTalk] Rise in steel prices?

[Geoff]

It will be getting worse in May. The US Govt will be adding a 20-25%
dumping fee on Chinese steel products exported to the USA. Watch the US
companies immediately profiteer on this. The law is that orders placed
before May are free of the tarriff until 2006.

In the past Rohn bought a lot of their steel from Korea. All the galvy
guy wire sold under their name and others is/was Korean.

What you are seeing now is a Chinese price increase as they start to
gain clout.

Geoff


----- Original Message ----- 
From: "tongaloa" <tongaloa at alltel.net>
To: "Tower (K8RI)" <tower at rogerhalstead.com>
Cc: <towertalk at contesting.com>; <kd4e at arrl.net>
Sent: Thursday, April 01, 2004 4:58 PM
Subject: Re: [TowerTalk] Rise in steel prices?


> It is my understanding that the Nickel miners strike has more to do
with
> this than
> anything. First stainless went through the roof, then alloys employing
> stainless.
> Al is up partially because of strking bauxite miners, increased fuel
> costs partially
> because of the bandwagon effect. Scrap is up but Ni bearing scrap is
way up.
> China is building and manufacturing. Manufacturing equipment,
machinery,
> cutting tools, all need Ni alloy steel.
>
> If you want to bitch, bitch at the Canadians, the Russians, and the
> unions too.
>
> It's not as simple as, "the Chinese are buying all the scrap" and our
> M*3 industries
> failure to continue investment in R&D&infrastructure back in the late
50's.
>
> -bob
>
>
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