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"The fight is never about grapes or lettuce. It is always about people." Cesar Chavez |
:: Thursday, February 26, 2004 ::
The price of steel lowers boom on construction Scott Simpson, Vancouver Sun
Demand by the industry in China is having a worldwide impact on consumers
'I've managed this company for 10 years, and we haven't raised our prices for nails in all that time. But we're being told to expect a price increase of $10 per carton, to $35 from [the] $25 current price for a box of three-inch bright commons,' Coakley said.
'We've been getting announcements from our suppliers of rebar, steel studs, metal roofing, nails, screws, fasteners, pretty well anything that has steel in it,' Coakley said. 'The minimum increase is 10 per cent.
'In the case of our steel stud supplier ... there's an initial 15-per-cent increase, and subsequent increases of 10 per cent a month right through August -- and these are the minimum increases.'------------------------------------------- posted 5:23 AM :: reference link ::
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