Steel price

[Pigken]

Suppose was maybe not good idea to stop all steel production on teesside

 

[startinghandle]

Chicken sheds still going up in Mid Wales at an alarming rate... local trailer maker still giving many months waiting time , can manufacturers buy ahead ?

 

[AJR75]

Was sent this yesterday- this is for sections UB UC etc. Hollows and plate are a different matter

 

[dubs]

whats steel beams a ton now ?
been quoted £1000 a ton for some 6 inch beams
looking to put up a roof over a small slated shed

 

[AJR75]

That'd be there or thereabouts. Don't ask about boxsection/ tube prices!

 

[Chuckie]

Has steel come down any yet?

 

[sgoti]

Has steel come down any yet?

think it went up last week, or so im told

 

[Doing it for the kids]

Suspect Pain won’t lesson til at least Q2 of 2022

 

[Ali_Maxxum]

If and when steel does come down is it likely to show in the cost of machinery, sheds, etc or will the likes of labour, production costs and inflation maintain it stays where it is or continue heading north?

 

[AJR75]

If and when steel does come down is it likely to show in the cost of machinery, sheds, etc or will the likes of labour, production costs and inflation maintain it stays where it is or continue heading north?

Steel prices have softened slightly in the last month or so but only slightly and not enough to have a big impact unless you're supplying a structure into the '00s or '000s of tonnes.

Gut feeling is that there is a second wave of this to come in terms of labour rates accelerating over the next 12-18 months fuelled by an ever growing shortage of skilled personnel.

 

[mx110]

Had conversation with steel supplier about a month ago as to where steel prices were heading. He said prices were sitting pretty steady, any slight drop was taken up by a new environmental tax and a transport tax i think he said.

 

[Steevo]

It’s a tricky one. Someone on here said timber has come back down again. Not heard anything else has though

It’ll take a while before everywhere is back on stream at full capacity again.

Hard to know whether to invest now, or wait it out and see.

If things do drop back….I’m guessing farm commodities will too so may not make a big difference in terms of buying power.

 

[KellyN]

Steel prices are pretty steady at the moment and have been relatively the same since September. Cladding prices have just rose 12% again! We have been advised a decrease in timber to be expected in the New Year! However, with the way things escalated so quickly at the start to this year, who knows

 

[Steevo]

Steel prices are pretty steady at the moment and have been relatively the same since September. Cladding prices have just rose 12% again! We have been advised a decrease in timber to be expected in the New Year! However, with the way things escalated so quickly at the start to this year, who knows

Great to hear it from the horses mouth, thank you!

 

[newhollandfarmer]

Quote conversion rates for steel framed buildings are at an all time low with us as a result of this, coupled with timber prices, fuel costs and labour all gone up massively it’s a real problem for many.

 

[hoff135]

Quote conversion rates for steel framed buildings are at an all time low with us as a result of this, coupled with timber prices, fuel costs and labour all gone up massively it’s a real problem for many.

I believe prices have over shot demand in many parts of the economy. Which will work back down the supply chain, demand for steel collapsed in China so maybe we will see a reversal although companies won't be keen but if we don't buy they will be forced to. Put off a machine purchase to next year rightly or wrongly. Can't put prices up 5 to 10% a month and expect people to keep up

 

[agrotron]

Cladding market is strong for next year, don’t expect the price to drop anytime soon. Been told it’s going to be strong for next 2 yrs

 

[Happy]

I believe prices have over shot demand in many parts of the economy. Which will work back down the supply chain, demand for steel collapsed in China so maybe we will see a reversal although companies won't be keen but if we don't buy they will be forced to. Put off a machine purchase to next year rightly or wrongly. Can't put prices up 5 to 10% a month and expect people to keep up

Was on phone to the guy that put up our last couple of sheds yesterday.
Said he”d a customer a month ago demanding a fixed price from him so seeing as steel prices had been the same through Sept, Oct, Nov agreed thinking things had finally settled down.
Couple of days later steel suppliers inform him December prices going up 12.5%

 

[hoff135]

Was on phone to the guy that put up our last couple of sheds yesterday.
Said he”d a customer a month ago demanding a fixed price from him so seeing as steel prices had been the same through Sept, Oct, Nov agreed thinking things had finally settled down.
Couple of days later steel suppliers inform him December prices going up 12.5%

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.

 

[newhollandfarmer]

I believe prices have over shot demand in many parts of the economy. Which will work back down the supply chain, demand for steel collapsed in China so maybe we will see a reversal although companies won't be keen but if we don't buy they will be forced to. Put off a machine purchase to next year rightly or wrongly. Can't put prices up 5 to 10% a month and expect people to keep up

Yes very true, hyperinflation of commodity prices has created a negative balance in terms of demand but unfortunately this is going to cause some casualties. It’s like 2008 all over again.