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Steel Price Update – September 2012

US scrap prices to reflect little change in September

The US domestic scrap market has been extremely quiet ahead of the Labor Day holiday, but deals made early are pointing to a soft sideways trend.

Since the fourth quarter of last year, the Chinese steel market has remained sluggish due to weak global and domestic demand. In this context, China’s total crude steel output is expected to decline to 678.68 million mt in 2012, down 0.7 percent compared to 2011, indicating the first year-on-year decline in 31 years, according to the China Iron and Steel Association (CISA).

In 2011, China produced 695.5 million mt of crude steel, up 8.9 on year-on-year basis.
A number of Chinese steel producers have implemented cuts in their production. Meanwhile, some Chinese steel giants, such as Shanghai-based Baosteel and Hubei-based Wuhai Iron and Steel Co.(WISCO) have also suspended development projects amid poor steel market conditions.

Steel Price Update – August 2012

US prices and demand are on the upswing in Aug – European markets unchanged until September
So far this month scrap steel prices have recovered strongly during July in US, and continued to firm elsewhere later in the month It is likely that demand will pick up after the summer slowdowns in the core markets, though to what degree is unclear. It remains to be seen if output will be reduced to match actual demand during the rest of Q3, beyond the holiday shutdowns and already-announced closures in Europe. In US and Europe, longs prices are quite firm even if demand is not as strong as normal at this time of year.

I also look at June’s production figures that showed global output to have fallen by over three million tonnes. Actual monthly US production fell but, on a daily output basis, Asian and Chinese production was higher. EU-27 and Other Europe daily production was lower compared with May.

The key issue is will producers be able to manage the balance between further price increases and apparent demand levels after the summer slowdowns without turning sentiment downwards.

Source : Steel Business Briefing

Cantilever Rack Overstock!

SJF currently has more cantilever rack in-stock than we have ever had before.  Structural, Lodi & Webb styles – all currently available and shipping from MN (and for a limited time Maine, too!)  Be sure to read the entire article to learn how you can get an instant $50 savings on a cantilever rack order.  

Structural Cantilever Rack

Structural Cantilever Rack

Structural Cantilever

 

Just removed from two Home Improvement stores – one in MN and the other in ME.

This material in these sizes and capacities is inherently hard to find and sells quickly!

Shipping from MN

16′ Uprights and 36″, 46″ & 54″ Arms.  Brace Sets Also Available.

Click for pricing and more photos.

Now Shipping from Maine (material is currently disassembled and awaiting shipment to our MN location)

16′ Uprights and 36″, 46″ & 54″ Arms.  Brace Sets Also Available.

Click for pricing and more photos.

As Always – This equipment is available on a first-come, first-served basis.  SJF encourages customers to inspect this equipment prior to purchase.  If you would like to view this cantilever, please make an appointment with an SJF sales representative by calling 800-598-5532.

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Steel Price Update – July, 2012

US domestic scrap prices take another dive in July
US scrap trend for this month is reflecting a substantial decline from early June.

On Monday, the American Iron and Steel Institute (AISI) reported that US raw steel production fell 0.6 percent last week (ended July 7), following a 1.5 percent increase the previous week.
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SJF Road Crew: Cantilever Overstock!

Lodi Cantilever Fresh Off the Truck

The past week has brought more cantilever rack into our yard at SJF than we have seen in an entire year!  Two large purchases; one local and one on the West Coast, have brought in large quantities of mint condition cantilever.

Our last purchase of this style and size cantilever barely hit our yard before it was sold and loaded onto a customers truck.

As expected, this is no different, with multiple orders against this material already.  This rack is moving very quickly, so act fast if you want in on this latest purchase!

Lodi Cantilever:
20′ Column and Base: 200ea
16′ Column and Base: 20ea
48″ x 2,000# Capacity Arms: 2,133ea

Recently Purchased Lodi Cantilever

 

Monarch Structural Cantilever:
16′ x 8″ I Beam Column: 202ea
54″ Bases: 201ea
54″ Arms: 721ea
46″ Bases: 20ea
46″ Arms: 135ea
36″ Bases: 13ea
36″ Arms: 37ea
32″ x 5′ X Bracing: 106ea

Recently Purchased Monarch Cantilever

 

View Additional Photos & Pricing

 

New Video – Carton Flow Rack

SJF has just uploaded several new videos to our YouTube channel. (SJF’s YouTube Channel) We’ll be featuring a new video from this series every few days.

This video shows some of the features and benefits of a dynamic carton flow storage system.

View kingway carton flow rack currently available for sale on SJF.com

New Video – Power Conveyor Declines

SJF has just uploaded several new videos to our YouTube channel. (SJF’s YouTube Channel)  We’ll be featuring a new video from this series every few days.

This video shows a belt over roller decline conveyor transporting boxes from a pick module to a packaging department.

View belt over roller inclines/declines for sale on SJF.com

New Video – 4 to 1 Merge

SJF has just uploaded several new videos to our YouTube channel. (SJF’s YouTube Channel) We’ll be featuring a new video from this series every few days.

This video shows a 4 to 1 merge system where boxes are queued up to join 1 conveyor line.  Notice how the photo-eye sensors prevent collisions when there is the potential for a box to collide with another.

View conveyor merges and spurs available for sale on SJF.com

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