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WELCOME CHEAP CHINESE STEEL, DUMP TARRIFS

  PROPURCHASER INSIGHT:  If you’re not happy with today’s Steel prices, you might want to read this article….nothing is simple. Read the full article HERE.   05.22.16 by Boston Globe Columnist Jeff Jacoby China produces more than 820 million tons

COPPER PRICES POST STEEP WEEKLY LOSS ON STRONGER GREENBACK

  NEGOTIATOR’S TAKE: Falling Copper costs means opportunities to negotiate lower prices for electric motors, wiring, and plumbing components.   05.13.16 – Copper loses 3.7% of its value COMEX Copper futures ended Friday’s session nearly unchanged at $2.074 per lb.,

CHINA COMMODITIES SELLOFF DEEPENS AS STEEL POSTS WORST WEEK SINCE 2009

  NEGOTIATOR’S TAKE: Sharp fall in Chinese metals likely means lower prices globally.   May 2016 – Shanghai – Commodity slide spills over into stocks Chinese commodities prices spiraled lower on Friday, with steel futures suffering their worst week since

IRON ORE PRICES HIT A 16-MONTH HIGH, STILL RISING

  NEGOTIATOR’S TAKE: China’s economic growth is once again pushing up metal prices.   If you had been asleep for the last month, woke up this morning and picked up a paper you could be forgiven for thinking you had

TOCOM HITS 8-MONTH HIGH

  NEGOTIATOR’S TAKE: Higher Rubber costs mean upward price pressure on tires, industrial hoses, etc.   04.12.16 – Tokyo Benchmark Tokyo rubber futures extended gains to hit an 8-month high on Tuesday as firmer prices of oil and other commodities

CHINA LABOUR COSTS ONLY 4% BELOW U.S.

  NEGOTIATOR’S TAKE:  With China’s labor advantage almost gone, you might want to think about bringing manufacturing work back to the U.S.   03.01.16 – Only a 4% gap between costs A recent report estimates that China’s effective labor costs

METAL PRICES TO BOTTOM OUT: MOST ANALYSTS HOPEFUL

  NEGOTIATOR’S TAKE: It might be a good time to lock in prices for metal products.   February 2016 – The price collapse stops here When will base metal prices stop falling?  They have been trending lower for months, even

NUCOR CORP PROJECTS GROWTH IN 2016

NEGOTIATOR’S TAKE:  More signs U.S. steel prices may have bottomed – good time to consider locking in supply. Steel prices have been under considerable pressure from imports Like all U.S. steelmakers, Nucor (NYSE:NUE) has been under pressure from imports, and

SPECIALTY STEEL PRICES HIT 9-YEAR LOW

  NEGOTIATOR’S TAKE:  High-strength steel components for construction and other machinery should cost less than before.   Sluggish demand for construction materials TOKYO — Specialty steel prices have fallen to their lowest in nine years due to sluggish demand for

LUMBER PRICES TUMBLE AS CHINESE DEMAND FALLS

  NEGOTIATOR’S TAKE:  Wooden pallets and crating are ripe for re-negotiation because of lower lumber prices.   01.20.16 – Slowing of housing construction and re-modelling the cause Lumber prices are down nearly 30% in the past 12 months as housing