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steel prices

GaryDidier
GaryDidier Member Posts: 229
in THE MAIN WALL
If you hear a huge sucking sound, it is China using a large portion of the worlds resourses to industrialize and modernize. If they continue at this pace what do you think will happen to the price of energy. This will lead to double increases in all costs and it is happening right now!

We can't complain too loudly because we have for years used a disproportionally large share of the worlds energy. The world has reached the point where we are consuming resources faster than can be supplied. China's massive.economy and population gearing up will have a long term impact we are just starting to feel.

I fear energy and raw material prices will have substantial increases and supply problems. I have recieved notification from several suppliers of rising prices[almost daily] and possible shortages of copper and steel pipe,roofing products, nails, vinyl siding, Etc. You can protect yourself and your customers by investing in efficient, quality heating and cooling equipment.Also insulation and anything that can be done to tighten our buildings to reduce energy use. Brace yourselves, I think we will be in for a rocky road ahead. There will also be many new opportunities ahead.

My rant for the day, Gary from Granville

Comments

  • Joe_13
    Joe_13 Member Posts: 201
    It's nice to know

    That we'll have cheaper products all producted in Asia, but since we outsourced all our industry and now high tech, no one will have a job to buy anything.
  • Joel_3
    Joel_3 Member Posts: 166
    steel

    A thread started on this yesterday big problem if you have jobs quoted several months out.

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  • JimGPE_3
    JimGPE_3 Member Posts: 240
    Pipe

    My fire protection guys say there is no small-bore schedule 40 black steel pipe to be had, that its all headed to china. One of my projects has its schedule in jeopardy by the availability of such pipe. We may have to go to plastic sprinkler pipe.
  • Arthur
    Arthur Member Posts: 216
    Steel pipe

    Say thats a bit of a change, I notice GM (and Ford) is sourcing a lot of auto components from China and it's going to put a lot out of work.
    Nice for the US for it go the other way.
This discussion has been closed.

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