SJF's Material Handling Blog
So it’s your first auction and the place is full of people and excitement. The auctioneer is barking out bids, numbers and prices. People all around you are bidding on an item like it’s a long-lost childhood toy. You notice that some item you have just seen in the store sold for a fraction of the store price. A second item comes up and it goes for yet another great bargain. You think, “Wow, this seems like a pretty easy way to get things dirt cheap. Maybe I should bid and get in on the action. How hard can it be anyway…right?”
While great buys can be had at auctions, the opposite is also true. Getting stuck with something that isn’t what you thought it was can (and more often than not, does) happen. Below are some pro tips that you can use to avoid costly mistakes. Following the tips will save you a lot of grief and expense and give you the tools you need to bid like the pros.
Fact: There are more pallet rack options available to you now than at any time in history.
Fact: There are very significant differences between New, Used & Refurbished pallet racking.
Fact: You think you know everything there is to know about each – but really, you don’t.
The fact is, what one dealer says can often conflict with what another dealer says. As with any industry, there are several ways of doing something, but there are only a few ways of doing it right. The following article will give you some insight into what the differences may be between not only new, used & refurbished racking, but also the differences between the offerings from dealer to dealer.
Two updates to share today – both from Steel Business Briefing…
Turkish imported scrap prices keep soaring
Turkish imported scrap offer prices have already crossed $500/t levels but the transactions have slowed down this week, Steel Business Briefing learns from the market sources.
The latest confirmed deep sea cargo was a composite cargo of 16,000 tonnes of HMS 1&2 70:30, 8,000t HMS 1, 3,000t of rail scrap and 3,000 tonnes of P&S; it was sold at $498/t cfr from an EU supplier.
US scrap prices still rising; could hit $500 for shredded
US shredded scrap prices were about $460/long ton delivered mill last week, according to a recent survey, and will likely continue to climb, Steel Business Briefing understands.
That’s up about $50/l.t from the beginning of December, when prices were about $410/l.t.
EFFECTIVE 2/2/2012 – Ratepoint was acquired and is no longer in business. SJF is still accepting reviews, but at our new partner site – Reseller Ratings. (view SJF’s profile here)
SJF Material Handling has recently partnered with Ratepoint.com to provide reviews and feedback on products and services offered on SJF’s website. Users of SJF.com are invited to leave feedback for SJF using the “Feedback” or “Reviews” tabs located on all pages of the SJF.com website.
If you have a moment, please provide us with a review on a product, service, or just the entire experience you had recently at SJF.com! When you take the time to Write A Review, you are help thousands of SJF.com customers make a more informed buying decision! If you’ve ever read a customer review, or made a purchasing decision based on the content of a review then you know how helpful they can be when deciding to place an order. Please take a moment and Write a review. You never know who you are helping in the process!
SJF Material Handling Inc. in Winsted MN. has announced the release of its ”Best Price Guarantee” promotion on all pallet rack products now offered in it’s online store during the month of January 2011. View SJF online at https://www.sjf.com. In business since 1979, SJF is a premier stocking distributor of Meculux / Interlake pallet rack and tear drop style pallet and storage rack products & systems. SJF Material Handling carries the Nation’s largest inventory of new & used material handling products. A nationwide distributor of material handling products for over 30 years. SJF’s e-store provides online shoppers looking to purchase material handling equipment online with a safe and secure online payment capability utilizing Verisign encryption technologies for credit card payment processing with both Visa and Mastercard.