Steel price

newhollandfarmer · Dec 24, 2021

hoff135 said:
Seems to be the way with everything. I'm sure they will blame shipping cost etc. But iron ore has basically halved in price since May. Someone is making money.
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Same as fuel prices shooting up after the so called ‘shortage’. We’re all back at it now as before like nothing happened and fuel prices have remained high. Had this conversation with my timber supplier when he said it’s hard to get timber but his yard has always been fully stocked throughout...funny that isn’t it? let’s say he wasn’t best pleased I called him out on it..

hoff135 · Dec 24, 2021

newhollandfarmer said:
Same as fuel prices shooting up after the so called ‘shortage’. We’re all back at it now as before like nothing happened and fuel prices have remained high. Had this conversation with my timber supplier when he said it’s hard to get timber but his yard has always been fully stocked throughout...funny that isn’t it? let’s say he wasn’t best pleased I called him out on it..

Think this is what is meant by peoples inflation expectations becoming "unanchored". Psychologically people now believe we are in a rising price environment due to being told that from the media etc talking about shortages.

Some then seek to buy what they want now no matter the price because if they wait it will be even more expensive or maybe even un affordable in the future. Thus driving prices higher. Once people exhaust themselves maybe prices will return to some sort or normality. Maybe...

melted welly · Dec 24, 2021

hoff135 said:
Think this is what is meant by peoples inflation expectations becoming "unanchored". Psychologically people now believe we are in a rising price environment due to being told that from the media etc talking about shortages.

Some then seek to buy what they want now no matter the price because if they wait it will be even more expensive or maybe even un affordable in the future. Thus driving prices higher. Once people exhaust themselves maybe prices will return to some sort or normality. Maybe...

But not wheat………

farmgineer · Dec 26, 2021

Heard this all started with the Australian PM asking for an investigation on whether covid came from a lab in Wuhan. The Chinese government didn't like it and went for a trade war on coal, stopping all imports from Australia.

This has resulted in them not having the right coal to produce coke, so they cant produce steel. In addition their energy comes from coal power stations and due to the now incredibly limited supply they are on a 3 day working week to stretch it out while they try and sort it. At one point I think they only had about 9 days worth of coal left in the country.

Prices of ore are low because they can't use it, prices for us are high because they can't make it fast enough.

dubs · May 8, 2022

any idea what steel beams are at the moment ?
was told £1600 a ton ?
need some soon, going to add a 3 bays to the straw shed

Hilly · May 8, 2022

dubs said:
any idea what steel beams are at the moment ?
was told £1600 a ton ?
need some soon, going to add a 3 bays to the straw shed

Be about right if not a little more .

AJR75 · May 8, 2022

There or thereabouts for stock lengths. Will be considerably more if you order cut to length due to the wastage factor and how economically it cuts from the donor bars. Tubes and plate are north of 2K/ tonne.

Bob c · May 8, 2022

some of flat laser parts, they have been cheeper in the last month, and anouther suppier looking for work said steel has come down in price

Doing it for the kids · May 8, 2022

I’m told prices have levelled off and reached a peak in the construction world.

If they go up much more demand will slow up due to viability - I hope so!

According the QS quoted costs have increased about 25% for complete builds in last few years, less than I thought it would be but still enough to screw the numbers

dubs · May 8, 2022

AJR75 said:
There or thereabouts for stock lengths. Will be considerably more if you order cut to length due to the wastage factor and how economically it cuts from the donor bars. Tubes and plate are north of 2K/ tonne.

think it was 1600 stock bars or 1700 cut and shot blasted.
Handy to have them cut it to size rather than attacking it with the gas.

newhollandfarmer · May 8, 2022

David. said:
Roughly how much will a 90 x 40 x 15ft frame have gone up in the last couple of years?

Nearly doubled.

dubs · May 8, 2022

will it come back down if i wait till next year ?
has the price peaked ?
or is this the new norm ?

Doing it for the kids · May 8, 2022

dubs said:
will it come back down if i wait till next year ?
has the price peaked ?
or is this the new norm ?

Who knows but hopefully
This is what I’m hearing
Bloody hope not!

br jones · May 8, 2022

dubs said:
will it come back down if i wait till next year ?
has the price peaked ?
or is this the new norm ?

no and yes

J 1177 · May 8, 2022

newhollandfarmer said:
Nearly doubled.

I paid roughly 25k for 90x 45x16 pannels to back and both gables and y boards. End of 2020. Its not far off that now for a 60x30

Forever Fendt · May 9, 2022

newhollandfarmer said:
Nearly doubled.

More than double , steel £ 490 a ton July 20 and now £1340 per ton today and due another £80 , most people paying 1450 to 1500 at moment

designanddetail · May 9, 2022

Can't see it coming down any time soon. The warehousing market is still booming, I read there is currently 2.8% of all warehousing currently available and the enquiries in Q1 were highest ever so they will keep on building. We have seen the increase in costs has just meant the investors are looking at a payback over a couple of extra years which they are accepting.

Mark Hatton · May 9, 2022

Some interesting conversations with manufacturers at Lamma last week, If you thought buying diesel was a nightmare, try being a trailer manufacturer. Steel prices only valid on a daily basis and supply of pretty much all other components impossible to predict delivery on.

Llanman · May 10, 2022

Mark Hatton said:
Some interesting conversations with manufacturers at Lamma last week, If you thought buying diesel was a nightmare, try being a trailer manufacturer. Steel prices only valid on a daily basis and supply of pretty much all other components impossible to predict delivery on.

Talking to a lad near us the other night who builds ATV trailers, snackers etc saying the same regarding delivery and is now ordering wheels and tyres two years in advance.

sgoti · May 10, 2022

orderd some 7x4ub last week all cut to lenghth+ cutting charge worked out around £1500/ton. i priced the same job up about 4/5weeks ago it was £1700/ton

Steel price

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0 %

Up to 25%

25-50%

50-75%

75-100%

100% I’ve had enough of farming!

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