Wednesday, July 11, 2007
Material Prices
It's been a while since I reported on material pricing.
At the end of May, there were reports of a fall in copper prices.
Well, yes and no.
Copper hit a high of about $3.75 US at the beginning of May, fell to a low of $3.20 in early June, but is as I write is back up to almost $3.60.
Other materials: zinc got up to $1.85 in the early days of May but is down to $1.55 at the moment.
Brass is an alloy of zinc and copper, so the price of brass will be a blend of the copper and zinc prices.
Nickel (the major component at the moment for stainless steel surcharges) has dropped from $24 in early May to a little over $15 now. However, I haven't seen the prices change much yet, probably because the service centers still have stock at the old prices. Hopefully that will change soon.
At the end of May, there were reports of a fall in copper prices.
Well, yes and no.
Copper hit a high of about $3.75 US at the beginning of May, fell to a low of $3.20 in early June, but is as I write is back up to almost $3.60.
Other materials: zinc got up to $1.85 in the early days of May but is down to $1.55 at the moment.
Brass is an alloy of zinc and copper, so the price of brass will be a blend of the copper and zinc prices.
Nickel (the major component at the moment for stainless steel surcharges) has dropped from $24 in early May to a little over $15 now. However, I haven't seen the prices change much yet, probably because the service centers still have stock at the old prices. Hopefully that will change soon.
