Friday, July 4, 2008

Anyone Trying to Buy Steel?

We don't read a lot about it but the price of steel has been growing rapidly this year for much the same reasons that oil has been (demand in China and India, difficulties with supply).

I was disturbed to hear the suggestion last week that there is a kind of de facto steel rationing in New Zealand currently with suppliers usually unable to supply the full quantity asked for in an order.

No comments: