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4130 - bad news...
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May 11th 04, 01:14 AM
Regnirps
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Richard Lamb
wrote:
I just talked to Charllie at Dillsburg concerting 4130 sheet. I now
call weekly for the latest update. According to Charlie (and I agree)
what we are seeing with 4130 is endemic of the entire steel supply.
Over the years, America's ability to manufacture our own steel has
steadily diminished to the point where we are now dependent of CHINA
for 4130. They can charge whatever they want and deliver according to
their own convenience.
The Chinese are having a HUGE building boom in the free trade zone. This is
driving the price of all steels sky high and many other materials used in
building. With everyone from Boeing to Intel moving there what can we expect?
(Intel is moving manufacturing AND R&D).
It is a basic supply/demand problem.
-- Charlie Springer
Regnirps