SJF's Material Handling Blog
United States Steel X +0.22% shares rallied as much as 6%, leading percentage gainers on the S&P 500 Index SPX +0.83% — something they haven’t done in a long time. The primary catalyst was a research note from Deutsche Bank analysts, who are calling a bottom in steel prices and raising their recommendations on US Steel and AK Steel Holding Corp. AKS -0.12% to buy from hold.
We have just launched two new pages of equipment in the used pages of the SJF.com website. These two pages feature conveyor motors and conveyor gearboxes. SJF has literally hundreds of each featuring 36 brands with many different horse power, voltage and RPM specifications.
Conveyor Motor and Gearbox Brands listed include:
Baldor, Bodine Electric, Boston, Boston Gear, Browning, Comtrac, David Brown, Dayton, Dodge, Dresser, Electra Gear, Emerson, General Electric, Grant, Grove Gear Flexaline, Hub City, Hytrol, Indiana General Motors, Leeson, Leroy Somer, Lincoln, LS Power Block, Magnetek, Marathon, Ohio, Perfection Gear, Power Block, Rapistan, Reliance, Seco, Sumitomo, Torqube, US Electric, US Motors, White, Winsmith
Check out the pages today. If you have any questions or want photos, pricing or any other details on individual units, please give us a call at: 800-598-5532 OR 320-485-2824.
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.