We often hear things about the global effect on steel prices. Is China buying? Selling? How about freight costs? What is the bottom-line result? At Dalco, we stay on top of prices and trends, both here and abroad. We don't get wrapped up in what 'might happen' or make any knee-jerk reactions. But it helps to know how global markets affect what we all pay for raw materials.
Here's a great example. It's a New York Times report about copper mining entitled "China Willing to Spend Big on Afghan Commerce." We're not reading anything political into it, and we deal in steel, not copper, but it demonstrates that current events can affect pricing and availability in the future. Take a look.
