Re: Price of fence wire

Posted by DaveTX on March 17, 2004 at 05:31:42 from (65.167.164.222):

In Reply to: Price of fence wire posted by buck on March 15, 2004 at 20:31:19:

The increases are due to a variety of factors including but not limited to: 1) increased consumption in China, 2) contraction of capacity, 3) short supply of critical related materials to make steel, 4) the dollar relative to other currencies and, 5) raising energy cost including oil and natural gas. Steel prices are up 48% (including surcharges) - aluminum 14% and copper 62%. An example of how dramatic the impact has been in our industry, pricing on ½” trade size of Electrical Metallic Tubing has been increased approximately 72% from $11 per hundred feet to $19 per hundred feet.

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