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Anonymous Poster

Steels prices

08/31/2007 11:27 PM

Can any one tell me how to get into the world-market steels prices similarly as crude oil and gold prices?

Thanks and regards,

Sophon T.

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#1

Re: Steels prices

09/01/2007 11:50 PM

Ask your building material supplier

Ordinary Steel rods,angles,beams,plates,tubes prices to begin with.

Also Stainless steel Utensils-- heavy ones-that will be starters for alloy steels

Also FINE drawn Seeel wires by 25Kg rolls .

You are on the way to finding out averages/Trends. Which country are you in ?

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Anonymous Poster
#6
In reply to #1

Re: Steels prices

09/04/2007 9:59 PM

Sincerely thanks for your advice. I 'm working in the steel fabrication business in Thailand. reason I asked because I found variation of steel prices in our place. Any other suggestion is much appreciated.

Thanks and regards,

Sophon T.

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#2

Re: Steels prices

09/02/2007 6:41 AM

I don't know whether steel is being traded as a commodity as of yet. There are so many types!!! However, try starting at these guys. They trade precious metals but have broadened into commodity metals. www.kitco.com

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Anonymous Poster
#7
In reply to #2

Re: Steels prices

09/04/2007 10:23 PM

Many thanks for your valable advice.

Regards,

Sophon T.

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#3

Re: Steels prices

09/02/2007 8:16 AM

this is updated every two months in order to keep member companies from over controlling their inventories and purchases based on whatever the threat of the week is at that instant. They use it to justify prices to customers.

http://www.pmpa.org/files/bulletin_file/RevMaterial_Impacts_Aug07.pdf

milo

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Anonymous Poster
#8
In reply to #3

Re: Steels prices

09/04/2007 10:32 PM

Appreciated your valuable advice.

Thanks and regards,

Sophon T.

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#4

Re: Steels prices

09/02/2007 11:15 AM

just a thought whether it applies, of what I have experience as a end buyer when I owned an fabrication and design company, there is the price for the metal and then surcharges to keep pace with the vulnerability and fluxuations of the marketplace, if one was going to get into it as a specutive manner as in return on investments. One have to be very aware of what is going on world wide on a broad range of information, and to do that with a consistant reverance.

The answer may not be as simple as the question.

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Anonymous Poster
#9
In reply to #4

Re: Steels prices

09/04/2007 10:36 PM

Appreciated your comment.

Thanks and regards,

Sophon T.

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Guru

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#5

Re: Steels prices

09/03/2007 4:21 AM

I would agree with phoenix911. In addition, remember that the steel market is notoriously crooked. From time to time, one company (or country) or another is accused of "dumping" steel to drive competitors out of the market. So watch your buttocks!!! There's an awful lot of iron ore out there!

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Anonymous Poster
#10
In reply to #5

Re: Steels prices

09/04/2007 10:37 PM

Appreciated your comment.

Thanks and regards,

Sophon T.

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Guru
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#11
In reply to #5

Re: Steels prices

09/04/2007 11:24 PM

<There's an awful lot of iron ore out there!>

And a big lot of heavy scrap Cars/Humvees/Tanks to remelt/reroll/recirculate

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Anonymous Poster (5); Milo (1); MUKULMAHANT (2); phoenix911 (1); vermin (2)

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