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Thread: Steel Prices Increasing?

  1. #51
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    Re: Steel Prices Increasing?

    Quote Originally Posted by tapwelder View Post
    43 bucks for 1.25"sq tube x 1/8 wall. ×20ft... Oh my!
    I was quoted $48 and change yesterday on same item. I canceled order. That’s nuts!
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  2. #52
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    Re: Steel Prices Increasing?

    Quote Originally Posted by wb4rt View Post
    I was quoted $48 and change yesterday on same item. I canceled order. That’s nuts!
    1.25"sq tube x 1/8 wall. ×20ft...


    Here is Los Angeles $55.54
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  3. #53
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    Steel Prices Increasing?

    South east wi my steel sales guy said sheets and tubing are non existent. Bar stock, round stock, are normal price.


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    Last edited by ljmelius; 02-19-2021 at 07:10 PM.

  4. #54
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    Re: Steel Prices Increasing?

    3 pieces of 16 gauge HRC cut to 18”x24” and 5’ of .120” wall 1 1/2” tubing was $90 today.
    Current machine: Miller 211
    Past machine(s): Hobart Handler 190
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  5. #55
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    Re: Steel Prices Increasing?

    Bid in an On line auction and won a 4 tier rack contents. I was just looking for some material to have on hand and it seemed like a good price. I didn't have time to preview it and had to go off of the pictures. For my all in price of 375.00 I brought home..
    About 30 sheets of assorted perforated 3'x8', stainless, steel and aluminum.
    15 sheets of 4'x8' of the same.
    2 -4'x8' sheets 10 gauge 304 stainless.
    20 gauge stainless 1- 5'x10', 8 sheets 2'x10', 26- 2'x4', assorted pieces.
    20 sheets 3'x5' 18 ga. Galv.
    1- 4'x8'x3/8" AR400 plate
    4 - 3'x10'x3/8" A588 plate with some cuts.
    1- same but not sure of grade.
    2 trips and a rental trailer leaves me with plenty for projects... next is a plasma cutter.
    Pic of some of the sheets.

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  7. #56
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    Re: Steel Prices Increasing?

    Looks like a good deal to me

  8. #57
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    Re: Steel Prices Increasing?

    Quote Originally Posted by billwood437 View Post
    Bid in an On line auction and won a 4 tier rack contents. I was just looking for some material to have on hand and it seemed like a good price. I didn't have time to preview it and had to go off of the pictures. For my all in price of 375.00 I brought home..
    About 30 sheets of assorted perforated 3'x8', stainless, steel and aluminum.
    15 sheets of 4'x8' of the same.
    2 -4'x8' sheets 10 gauge 304 stainless.
    20 gauge stainless 1- 5'x10', 8 sheets 2'x10', 26- 2'x4', assorted pieces.
    20 sheets 3'x5' 18 ga. Galv.
    1- 4'x8'x3/8" AR400 plate
    4 - 3'x10'x3/8" A588 plate with some cuts.
    1- same but not sure of grade.
    2 trips and a rental trailer leaves me with plenty for projects... next is a plasma cutter.
    Pic of some of the sheets.

    Sent from my SM-N960U using Tapatalk

    Billwood437 YOU SUCK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Congrats!

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  10. #58
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  12. #59
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    Re: Steel Prices Increasing?

    1.25 sched 10. August 2020 $27.00..... March 2021 $45.

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  14. #60
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    Re: Steel Prices Increasing?

    Just got quoted 2x2 square 11 ga, 24' stick, 73lbs at $270. That's 3.70/# in the midwest, direct from the mill.

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  15. #61
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    Re: Steel Prices Increasing?

    Average prices of various commodities in May 2020 under President Donald Trump versus prices in May 2021 under President Joe Biden:

    Gasoline: $1.77 under Trump vs. $3 under Biden.

    Lumber: $332 per 1,000 board feet under Trump vs. $1,570 per 1,000 board feet under Biden.

    Home sales: $283,500 under Trump vs. $329,100 under Biden.

    Coffee: $0.96 a pound under Trump vs. $1.50 a pound under Biden.

    Wheat: $5 a bushel under Trump vs. $7.42 under Biden.

    Corn: $3.19 a bushel under Trump vs. $7.22 a bushel under Biden.

    Copper: $2.33 a pound under Trump vs. $4.76 a pound under Biden.

    Not to worry -- after US companies go out of business for lack of (affordable) raw materials, I'm sure the Biden family's benefactors in Red China will be happy to sell us whatever we need. Got fentanyl?

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  17. #62
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    Re: Steel Prices Increasing?

    Quote Originally Posted by wb4rt View Post
    I was quoted $48 and change yesterday on same item. I canceled order. That’s nuts!
    tubing is off the charts, i got quoted $460 (w/o tax), for 6x6x.250 per 20' , and the quote is only good for 5 days

  18. #63
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    Re: Steel Prices Increasing?

    Quote Originally Posted by Kelvin View Post
    Average prices of various commodities in May 2020 under President Donald Trump versus prices in May 2021 under President Joe Biden:

    Gasoline: $1.77 under Trump vs. $3 under Biden.

    Lumber: $332 per 1,000 board feet under Trump vs. $1,570 per 1,000 board feet under Biden.

    Home sales: $283,500 under Trump vs. $329,100 under Biden.

    Coffee: $0.96 a pound under Trump vs. $1.50 a pound under Biden.

    Wheat: $5 a bushel under Trump vs. $7.42 under Biden.

    Corn: $3.19 a bushel under Trump vs. $7.22 a bushel under Biden.

    Copper: $2.33 a pound under Trump vs. $4.76 a pound under Biden.

    Not to worry -- after US companies go out of business for lack of (affordable) raw materials, I'm sure the Biden family's benefactors in Red China will be happy to sell us whatever we need. Got fentanyl?

    covid deaths 400k+ trump VS 80k biden.
    but biden did manage to get over 200 million shots vs 16 million for trump.

    US wood suppliers are not getting more $ per ton than last year,the US saw mills are, due to shortage of manpower= higher prices,just like the rest of items on your list.
    hiring has always been difficult and even more so as most find an excuse now. wait till the unemployment ends, things will stabilize.
    prices had started going up in september 2020.

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  20. #64
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    Re: Steel Prices Increasing?

    Quote Originally Posted by 123weld View Post
    tubing is off the charts, i got quoted $460 (w/o tax), for 6x6x.250 per 20' , and the quote is only good for 5 days
    Yep. It did not bother me to use 20 ft of 1 inch solid bar on a job since the price was the same as 24 feet 1x1/8 tubing.

  21. #65
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    Re: Steel Prices Increasing?

    OnMay 26, a client calls me and says, the steel is at the yard ready for pickup. She paid for it. 4 pieces .25x4x4x20 long. Previously we had discussed me handling the ordering of the metal, so the call was out of the blue. I did not pick up the metal, because they were not ready for the project to begin and had no reason to have that mass on my shop yard or racks. The did not even know the length the wanted cut. So this week client calls, ready for you to measure the project. I measured it. Then call the vendor. After locating the bill, the sales lady says we will can apply the credit to the new total or we will be happy to give a full refund. Client paid 1410 bucks for the steel on May 26. On July 23 it is 3200 bucks.

    This is not my regular steel vendor. Not really my issue since she jumped the gun on ordering.

    However, seem strange the would increase the price on an order that has been paid for. At least call the client and tell them to remove it. My vendor pull order and stores them after the have been paid for.

    Finally what is the going rate for .25x4x4 tube.

  22. #66
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    Re: Steel Prices Increasing?

    Quote Originally Posted by tapwelder View Post
    Finally what is the going rate for .25x4x4 tube.
    "If you need to ask, you can't afford it...?"

  23. #67
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    Re: Steel Prices Increasing?

    Quote Originally Posted by Kelvin View Post
    "If you need to ask, you can't afford it...?"
    I've always found that to be a silly phrase.

    The people that I know that have money, they got that way because they know


    exactly what their costs are and they pay close attention to them.

  24. #68
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    Re: Steel Prices Increasing?

    Quote Originally Posted by Kelvin View Post
    "If you need to ask, you can't afford it...?"
    will find out Monday. The irony is after measuring, they only need 3 pieces. And that will not bring the total price close to the original.

    They must have money. The calculated 4 instead of 3 pieces, they chose .25 wall square tube instead smaller for support of a wood deck. Seems like they have an engineer friend.

    This will be interesting. I have not even given an estimate for labor since there was so much unknown.

  25. #69
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    Re: Steel Prices Increasing?

    Same material $1600 from my vendor?

  26. #70
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    Re: Steel Prices Increasing?

    Oop, client called vendor. Vendor quoted 40 foot sticks. Things are back in alignment.

  27. #71
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    Re: Steel Prices Increasing?

    Might get a good deal on some steel here

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  28. #72
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    Re: Steel Prices Increasing?

    I picked up one stick of 1 1/2 x 1 1/2 1/8" wall square tubing the other day, it was $107 for 24'. Used to be around $60

  29. #73
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    Re: Steel Prices Increasing?

    Quote Originally Posted by JD1 View Post
    I picked up one stick of 1 1/2 x 1 1/2 1/8" wall square tubing the other day, it was $107 for 24'. Used to be around $60
    I was quoted $130 for a 24' length of 2" square .065" wall, which seems in line with your quote
    Richard
    West coast of Florida

  30. #74
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    Re: Steel Prices Increasing?

    How so? Seem like near half price?

    Prices seem stable now. Just high.

  31. #75
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    Re: Steel Prices Increasing?

    Quote Originally Posted by tapwelder View Post
    How so? Seem like near half price?

    Prices seem stable now. Just high.
    in line with the price of $107
    Richard
    West coast of Florida

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