Steel prices

[redfishted]

If you need something you better buy in now, increases coming between now and August are insane.

[44mAG]

Man it's going to be ugly when all of this busts. I don't think the country can handle more price increases from the already highly inflated ones.

[DRT]

They are inflated because orders are 6 to 8 months out.

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[RWB]

I bought just enough steel to build a 4x6 platform on Friday....ouch. 2 sticks 3/16 2X2 square , 1 stick 3/16 3x3 angle, 4 sticks inch and half angle and was almost $500!!

[redfishted]

They are inflated because orders are 6 to 8 months out.

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We are currently running 60 days on coil stock.

[RR 314]

I bought just enough steel to build a 4x6 platform on Friday....ouch. 2 sticks 3/16 2X2 square , 1 stick 3/16 3x3 angle, 4 sticks inch and half angle and was almost $500!!

Man, that is nuts! I knew it was high. . . but not that high!

[sqiggy]

Why is metal so high/going higher?
China buying it all up?

[hunt247]

Supply is very low. Demand is very High

[MnM]

Lumber is around twice as much too.

[junkmanhunter]

I'm in the middle of a house build right now. Vendors quotes are good for 5 days at best right now on all materials

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[RWB]

Man, that is nuts! I knew it was high. . . but not that high!

Yep and this was at Steel Supply in northwest Houston where we have an account. They are not a small outfit and usually in line with triple S.

[kmitchl]

Yep and this was at Steel Supply in northwest Houston where we have an account. They are not a small outfit and usually in line with triple S.

Does it take 30-45 minutes to get to the front of the que like Triple S?

[175gr7.62]

I bought just enough steel to build a 4x6 platform on Friday....ouch. 2 sticks 3/16 2X2 square , 1 stick 3/16 3x3 angle, 4 sticks inch and half angle and was almost $500!!

3/16!! Holy smokes.


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[DRT]

Man, that is nuts! I knew it was high. . . but not that high!

Yep. When I brought up how high it was a couple months ago I was told by resident experts I didn't know what I was taking about.

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[OldRiverRat]

Why is metal so high/going higher?

China buying it all up?

Inflation

Our govt is printing money like a drunk sailor , usd is being devalued
It’s going to get worse


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