Post AsvKNdTZTsX7MPh3DM by Thesleepwalker@noauthority.social
(DIR) More posts by Thesleepwalker@noauthority.social
(DIR) Post #AsvGiilWbsLC1wtEQq by Zonz@noauthority.social
2025-04-09T18:22:08Z
1 likes, 0 repeats
Steel industry is fucked. Lead times are outrageous and everything is expensive, twice as much as a few years ago. Only seems to be going up, both the lead times and the cost. How does one plan for this? You cannot. All you can do is apologize and ask for more money.
(DIR) Post #AsvKNdTZTsX7MPh3DM by Thesleepwalker@noauthority.social
2025-04-09T19:03:07Z
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@Zonz Follow the price of a hot roll coil. We are not even at half the peak currently. At $700 a ton US Mills are pretty much breaking even due to inputs.
(DIR) Post #AsvKctkdFiHEBGx292 by MummaBear@noauthority.social
2025-04-09T19:05:53Z
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@Zonz we no longer produce steel. The China's owned a refinery for a bit, but now they are so close.
(DIR) Post #AsvKvwXL7UNEK2oatE by Zonz@noauthority.social
2025-04-09T19:09:20Z
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@Thesleepwalker Crazy. I don't see the production side of mills, but I do order a good amount of structural steel and the costs have been skyrocketing in the last two years. It makes planning exceptionally difficult.
(DIR) Post #AsvL1Dcd1Ztyl8nw24 by Zonz@noauthority.social
2025-04-09T19:10:18Z
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@MummaBear That's no good, man. I saw that headline: China buys British steel mill and then shuts it down. Sad times.
(DIR) Post #AsvLC1NCuBfVxKk50y by Thesleepwalker@noauthority.social
2025-04-09T19:12:14Z
0 likes, 0 repeats
@Zonz I can only talk about flat roll. Structural is Nucor and other mini mill producers 😉