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Re: Price of fence wire
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Posted by BobMo on March 15, 2004 at 20:54:58 from (66.100.114.16):
In Reply to: Price of fence wire posted by buck on March 15, 2004 at 20:31:19:
The price of your cable and fence wire have nothing to do with scrap metal prices since its not made from scrap. The cost of steel is up due to high demand in other parts of the world and the fact that steel making capacity in this country is extremely limited.
China is devouring all of the scrap they can get their hands on and a most of it is being used in expanding their own standard of living. They have never previously produced substantial surplus steel that can be recycled. We have.
The government has also increased tariffs on imported steel and that always allows domestic producers to raise pricing....
Most of the wire used for fencing in this country comes from Mexico or other S. American countries.
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