Steel Prices

Learn & share techniques, strategies, and experiences on marketing your plasma cut products in this forum.
DXF
Elite Contributing Member
Elite Contributing Member
Posts: 1596
Joined: Tue Feb 22, 2011 5:15 pm
Location: Mountain City, Tennessee

Re: Steel Prices

Post by DXF » Sat Aug 10, 2019 6:37 pm

Well, not sure if it is a bold statement.....just a fact.....don't care if it's popular or not.....not fake news.

Dave Hanks

User avatar
Ironken
Elite Contributing Member
Elite Contributing Member
Posts: 316
Joined: Thu Nov 30, 2017 7:29 pm

Re: Steel Prices

Post by Ironken » Sat Aug 10, 2019 8:00 pm

DXF wrote:
Sat Aug 10, 2019 6:37 pm
Well, not sure if it is a bold statement.....just a fact.....don't care if it's popular or not.....not fake news.

Dave Hanks
:Like :Yay
JD2 MAD 4X4
Millermatic 252 (spray)
Millermatic 190 (short circuit)
Syncrowave 210
Powermax 65
Powermax 45xp
Grizzly Vertical Mill (junk)
Baileigh BS-210M
50t Press
Shitloads of DeWalt

JohnnyC
Posts: 37
Joined: Mon Feb 12, 2018 9:13 am

Re: Steel Prices

Post by JohnnyC » Mon Aug 12, 2019 8:12 am

Some people just don't like the truth.

Bucket8577
Posts: 23
Joined: Wed Apr 03, 2019 6:19 am

Re: Steel Prices

Post by Bucket8577 » Mon Aug 12, 2019 11:06 am

DXF wrote:
Sat Aug 10, 2019 5:28 pm
DXF wrote:
Fri Aug 09, 2019 2:10 pm
Here's a quote I received today on (3) sheets that I'll pickup sheared into 4' x 4' pieces - they deliver also.

Dave Hanks
My costs on steel have risen 34% since the republican taxes on steel so far.....crazy ain't it?

Dave Hanks
34%? Something isn't right. I just paid $108.00 each for 3 4x8 sheets of 14ga cold roll. About what it's been.

Oddly, I had a hard time finding any articles showing a graph of the cost of steel since the tariff. They all went to the peak in April, but nothing past where the price started to fall.

This chart is from General Steel.
https://gensteel.com/building-faqs/stee ... s/forecast
Image

The tariff is 25%. Prices only actually went up 12% right after the tariff (March 8th), but are back down to pre-tariff levels nationally. Translation- China is eating the costs of the tariff (for now). None of the media or "experts" were right.

Either your broker / distributor is price gouging or I don't know what.

By the way, it is Trump's tariff. He did it alone. He gets credit or blame. Personally, I think it is long overdue even if it is detrimental to me personally. It will be positive for more people than it hurts.
Newbie to plasma cutting.

DXF
Elite Contributing Member
Elite Contributing Member
Posts: 1596
Joined: Tue Feb 22, 2011 5:15 pm
Location: Mountain City, Tennessee

Re: Steel Prices

Post by DXF » Mon Aug 12, 2019 11:22 am

Bucket8577 wrote:
Mon Aug 12, 2019 11:06 am
DXF wrote:
Sat Aug 10, 2019 5:28 pm
DXF wrote:
Fri Aug 09, 2019 2:10 pm
Here's a quote I received today on (3) sheets that I'll pickup sheared into 4' x 4' pieces - they deliver also.

Dave Hanks
My costs on steel have risen 34% since the republican taxes on steel so far.....crazy ain't it?

Dave Hanks
34%? Something isn't right. I just paid $108.00 each for 3 4x8 sheets of 14ga cold roll. About what it's been.

Oddly, I had a hard time finding any articles showing a graph of the cost of steel since the tariff. They all went to the peak in April, but nothing past where the price started to fall.

This chart is from General Steel.
https://gensteel.com/building-faqs/stee ... s/forecast
Image

The tariff is 25%. Prices only actually went up 12% right after the tariff (March 8th), but are back down to pre-tariff levels nationally. Translation- China is eating the costs of the tariff (for now). None of the media or "experts" were right.

Either your broker / distributor is price gouging or I don't know what.

By the way, it is Trump's tariff. He did it alone. He gets credit or blame. Personally, I think it is long overdue even if it is detrimental to me personally. It will be positive for more people than it hurts.
All I can do is tell you what it cost me comparatively for cold rolled before the taxes on steel and aluminum were imposed by the GOP and their leader. If I am getting gouged it was created by this misguided trade war.....there are no winners in a trade war. I would like to get it for the price you quoted. I don't buy large quantities either. Stainless steel has remained the same. I figured it would skyrocket.

Dave Hanks

User avatar
ben de lappe
Elite Contributing Member
Elite Contributing Member
Posts: 1053
Joined: Mon Aug 03, 2009 9:37 am
Location: North Mississippi

Re: Steel Prices

Post by ben de lappe » Mon Aug 12, 2019 3:55 pm

Bucket8577 wrote:
Mon Aug 12, 2019 11:06 am
Personally I think it is long overdue even if it is detrimental to me personally. It will be positive for more people than it hurts.
:Like
So tired of being bent over by China. Personally speaking I'll gladly bite the bullet for a bit as this nation learns to play fair. Kind of view it as a service to my country though the price tag isn't nearly as large this time. :-D And besides...absolutely despise cutting the imported junk. :roll:

User avatar
SegoMan DeSigns
Elite Contributing Member
Elite Contributing Member
Posts: 252
Joined: Sat Jan 06, 2018 4:45 pm

Re: Steel Prices

Post by SegoMan DeSigns » Mon Aug 12, 2019 4:11 pm

Ben,

You hit it on the head we are in the trillions on the loosing end with China on the trade game. The can can only be kicked so far down the road before it must be dealt with. All of our industries has been over regulated and taxed, some to the point they closed their doors and moved offshore. The #2 natural gas reserve in our nation is 10 miles from my shop, I have a bet with the county commissioner it will become #1 as the over regulating / taxing I spoke of starts at the county level and multiplies with each gvt agency as it works it way up the ladder to DC..

DXF
Elite Contributing Member
Elite Contributing Member
Posts: 1596
Joined: Tue Feb 22, 2011 5:15 pm
Location: Mountain City, Tennessee

Re: Steel Prices

Post by DXF » Mon Aug 12, 2019 6:03 pm

China's share of imports are less than 4% of the U.S. import of steel.....wake up!

Dave Hanks

DXF
Elite Contributing Member
Elite Contributing Member
Posts: 1596
Joined: Tue Feb 22, 2011 5:15 pm
Location: Mountain City, Tennessee

Re: Steel Prices

Post by DXF » Mon Aug 12, 2019 6:28 pm

DXF wrote:
Mon Aug 12, 2019 6:03 pm
China's share of imports are less than 4% of the U.S. import of steel.

Dave Hanks

User avatar
Ironken
Elite Contributing Member
Elite Contributing Member
Posts: 316
Joined: Thu Nov 30, 2017 7:29 pm

Re: Steel Prices

Post by Ironken » Mon Aug 12, 2019 7:58 pm

DXF wrote:
Mon Aug 12, 2019 6:03 pm
China's share of imports are less than 4% of the U.S. import of steel.....wake up!

Dave Hanks
My understanding is that the lion's share of our steel imports are from the UK and Canada but hey, people believe in what Trump is doing (not me). My one burning question is this. Aren't tariffs a tax paid to the US government? If so, aren't conservatives and more specifically Trump conservatives very opposed to more taxes? I'm lost here, enlighten me or is it all good cause it is a Trump thing? I would surmise that if a Dem pulled this stunt, there would be riots. I'm going to drop it here due to this forum being full of Trump supporters, many of which I have helped me out and I see no need to get them fired up.
JD2 MAD 4X4
Millermatic 252 (spray)
Millermatic 190 (short circuit)
Syncrowave 210
Powermax 65
Powermax 45xp
Grizzly Vertical Mill (junk)
Baileigh BS-210M
50t Press
Shitloads of DeWalt

User avatar
ben de lappe
Elite Contributing Member
Elite Contributing Member
Posts: 1053
Joined: Mon Aug 03, 2009 9:37 am
Location: North Mississippi

Re: Steel Prices

Post by ben de lappe » Mon Aug 12, 2019 10:57 pm

While a tariff is basically a tax, I (not speaking for or on behalf of any conservative or conservative organization :-D ) have absolutely no problem with it being applied/used as punishment to a country that uses it's steel firms, many of which are state-owned enterprises that benefit from essentially free capital and tax “rebate” handouts and have dumped their products at prices below cost in order to drive the steel industries in other countries out of business. Freed by their communist government of the need to earn a profit these steel companies could undercut nearly any domestic supplier be they U.K., U.S. or Canadian. Thereby making it global in my view. Concerning whomever else would have pulled this stunt....they'd have got my vote, I guarantee that as this is nothing new. Long has the U.S. been at a disadvantage concerning import/export tax rates. I for one would like to see an even playing field, precisely the point of the tariff.

DXF
Elite Contributing Member
Elite Contributing Member
Posts: 1596
Joined: Tue Feb 22, 2011 5:15 pm
Location: Mountain City, Tennessee

Re: Steel Prices

Post by DXF » Tue Aug 13, 2019 8:19 am

You need to understand that the multinationals have moved to China to avoid the high costs in the USA since the Reagan era gave them tax breaks to offshore to countries like China and Mexico. GM has 20,000 plus employees in China. Caterpillar, GE, John Deere and Ford have a huge presence there also among many others that have deserted America for more $. Before you bite on the newest hype from the GOP leader Trump because of your ignorance look at the facts. I believe in fair trade also but have you seen a real factual deal enacted thru congress......oh wait.....we don't need congress anymore. It's a billionaire's game.....making the top 1% richer and costing Americans 25-35% more on goods from China that US companies off shored. No one wins in a trade war.....except the 1%.

Dave Hanks

Casaba
Posts: 68
Joined: Sun Jan 13, 2019 3:36 pm

Re: Steel Prices

Post by Casaba » Tue Aug 13, 2019 9:09 am

I know better...I really do....


so your suggestion is what? just let it keep rolling downhill, too late to stop it?

DXF
Elite Contributing Member
Elite Contributing Member
Posts: 1596
Joined: Tue Feb 22, 2011 5:15 pm
Location: Mountain City, Tennessee

Re: Steel Prices

Post by DXF » Tue Aug 13, 2019 11:09 am

I would rewrite the tax laws that the multinationals use to offshore trillions of dollars to avoid taxes in the USA. We need domestic content laws on all government contracts including the military that will create and keep jobs in America. And more importantly.....I agree with Trump.....drain the swamp!

Dave Hanks

DXF
Elite Contributing Member
Elite Contributing Member
Posts: 1596
Joined: Tue Feb 22, 2011 5:15 pm
Location: Mountain City, Tennessee

Re: Steel Prices

Post by DXF » Tue Aug 13, 2019 12:11 pm

This shows how we are being conned to pay for corporate farmer ADM and other agriculture giant's subsidies of $30,000,000,000. It's a rich billionaires shell game. Have you ever heard of the Koch brothers?
https://finance.yahoo.com/news/how-trum ... 21069.html

Dave Hanks

User avatar
conz35
Posts: 48
Joined: Mon Jan 07, 2013 4:54 pm
Location: Yuma, Az and Davenport, Wa
Contact:

Re: Steel Prices

Post by conz35 » Tue Sep 17, 2019 3:36 pm

Don't know what everyone is paying currently for steel. We switched to ordering in larger quantities to get better pricing. We typically go thru 300-500 4x8 sheets a year.
Just ordered (300) 4x8 16 ga CR for $41.60 each delivered.
"Knowledge is knowing that a tomato is a fruit, but Wisdom is knowing not to put it in a fruit salad."

phy6
Posts: 3
Joined: Sat Oct 19, 2019 3:26 pm

Re: Steel Prices

Post by phy6 » Mon Nov 18, 2019 1:49 pm

Called around northern MD and this was the best price so far:
Hot rolled A36 4x8 sheets
1/4 $165
3/16 $125
1/8 $81

First place I called gave me these prices for the same thing:
1/4 $366.69
3/16 $275.04
1/8 $179.52

Lesson: It pays to call around. The place with the best prices came as a recommendation from an HVAC shop I called.

Bucket8577
Posts: 23
Joined: Wed Apr 03, 2019 6:19 am

Re: Steel Prices

Post by Bucket8577 » Mon Nov 18, 2019 2:16 pm

I just paid $196.20 for a single 4x8 plate of 1/4" A36.
Newbie to plasma cutting.

Post Reply

Return to “Pricing, Advertising, & Marketing Your Products Forum”

Easyscriber engrave attachment for Hypertherm plasma cutters.