SJF's Material Handling Blog
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.
US scrap surcharges to decline, could impact November prices
A key US shredded scrap price that determines surcharges for a number of steel products, especially longs, has declined by $30 a long ton – from $370 to $340, Steel Business Briefing learns.
As SBB previously reported, the shredded scrap price was expected to decline by at least $20/l.t.
Source: Steel Business Briefing
SJF.com recently underwent a new page redesign that should help customers to better find what they are looking for in a more ‘user-friendly’ format.
For example – the Teardrop Pallet Rack page used to contain several very long tables of inventory & pricing information. Now, though the tables are still there, they are sectioned into tabbed content allowing users to more easily access only that information they want to view.
A new pallet racks page has also been created to provide quick access to the most useful pallet rack pages on SJF.com’s website.
One of the other big improvements includes a quick-access menu bar along the top of each page. This bar contains links to all of the most useful pages on SJF’s entire website within quick and easy reach from anywhere on the site.
Several other changes & improvements have been made behind the scenes to ensure site visitors get the most out of any page they visit on SJF.com. As always – SJF welcomes feedback and suggestions from customers on how to further improve the website.
US scrap market players are expecting lower scrap prices next month, they tell Steel Business Briefing.
“It appears the market will be down by $20-25/long ton due to the lack of new export business,” said one source in the Mid-Atlantic states.
The United Steelworkers union says the section 301 trade case it filed last week against Chinese practices is separate but complementary to the agreement it signed last month with two Chinese power generation companies.
The 301 case asks the US trade representative to investigate five areas of “protectionist and predatory practices” used by the Chinese to develop their green sector at the expense of US jobs and production.