Metal prices
17 May 2006, 04:43 PM
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Metal prices
We are increasing all our prices by 10% in June because brass prices has gone through the roof.
Anybody else increasing their prices due to metal prices hitting the roof?
Anybody else increasing their prices due to metal prices hitting the roof?
17 May 2006, 04:46 PM
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they said on the radio that the scrap value of a 2p coin is 3p due to price of copper going up 
17 May 2006, 04:56 PM
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London copper prices fell 9% yesterday... not sure the previous vertical climb will resume tbh. But maybe it will, macro pressures (eg China and India) are still there.
17 May 2006, 05:49 PM
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The price of metals, especially gold (which is very high at the moment) always increase when investers suspect the economy is looking uncertain, and assets such as housing are looking overpriced.
Money from shares and property has been moving in "safe havens" like gold recently, hence the price increases.
Money from shares and property has been moving in "safe havens" like gold recently, hence the price increases.
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17 May 2006, 06:06 PM
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There has been a huge increase in the price of zinc anodes, I work for a yacht chandlers, gone up from £18.25 to £39.95 for the MG Duff pear shaped ones. Due to china stock piling it. I shall imagine that people like my boss will invest, in buying crate loads of anodes this year as they expect the price of zinc to just keep rising.
Our paint supplier International has warned of huge price increases in anti-fouling becuase anti-fouling is a copper based paint and the price of copper is rocketing.
Fortunately for us we bought huge quantities of anifouling and very good prices at the beginning of the year, so should see us very competitive for the next two-three years.
This deal about 2p pieces only refers to ones before 1978 I believe as all 2p pieces since then are copper plated steel.
Our paint supplier International has warned of huge price increases in anti-fouling becuase anti-fouling is a copper based paint and the price of copper is rocketing.
Fortunately for us we bought huge quantities of anifouling and very good prices at the beginning of the year, so should see us very competitive for the next two-three years.
This deal about 2p pieces only refers to ones before 1978 I believe as all 2p pieces since then are copper plated steel.
17 May 2006, 06:07 PM
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Originally Posted by Nat21
And the government sold all the countries Gold reserves a few years ago to invrest in currency instead 
Well done Gordon.
Well done Gordon.
17 May 2006, 06:40 PM
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Originally Posted by Ray_li
We are increasing all our prices by 10% in June because brass prices has gone through the roof.
Anybody else increasing their prices due to metal prices hitting the roof?
Anybody else increasing their prices due to metal prices hitting the roof?
not good if you've qouted something a year ago and now it's been given the go-ahead, only for them to **** themselves when you tell them about the increase. (and most times can't afford it
)what with china etc buying up all our scrap and making everything for **** all and the fuel/gas price increases my occupation is just about fcuked
short sighted government hasn't helped, which is hardly surprising!
17 May 2006, 08:12 PM
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Originally Posted by hoskib
what do you do for a living mate? i make patterns for the foundry industry and some of the aluminium prices have gone up 33%not good if you've qouted something a year ago and now it's been given the go-ahead, only for them to **** themselves when you tell them about the increase. (and most times can't afford it )
what with china etc buying up all our scrap and making everything for **** all and the fuel/gas price increases my occupation is just about fcuked
short sighted government hasn't helped, which is hardly surprising!
not good if you've qouted something a year ago and now it's been given the go-ahead, only for them to **** themselves when you tell them about the increase. (and most times can't afford it )what with china etc buying up all our scrap and making everything for **** all and the fuel/gas price increases my occupation is just about fcuked
short sighted government hasn't helped, which is hardly surprising!
We also own a foundry and brass CNC turned parts company so we feeling the pain throughout the group.
I want our company to buy a RP machine. that would put our pattern maker out of business
Last edited by Ray_li; 17 May 2006 at 08:42 PM.
17 May 2006, 10:33 PM
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Originally Posted by farmer1
This deal about 2p pieces only refers to ones before 1978 I believe as all 2p pieces since then are copper plated steel.
I'll have to go and weigh in some of my jar of copper coins
John.
17 May 2006, 10:37 PM
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Originally Posted by john_s
It's more recent than that... I think it was about 1992 they moved to copper plated steel.
I'll have to go and weigh in some of my jar of copper coins
John.
I'll have to go and weigh in some of my jar of copper coins
John.
mick
17 May 2006, 10:45 PM
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Originally Posted by Miss Kinky
they said on the radio that the scrap value of a 2p coin is 3p due to price of copper going up
17 May 2006, 11:19 PM
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Originally Posted by carl
But 2p coins don't have significant copper content any more. Prior to 1992 they were made of bronze, but since then they've been made of copper-plated steel. The plating is probably about 10 microns thick, so the amount of copper used is minimal.
17 May 2006, 11:41 PM
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Originally Posted by InvisibleMan
damn we had a tonne of 2p's. Theyre all in 2p slot machines now. The arcades could make a fortune ...
18 May 2006, 07:50 PM
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Originally Posted by logiclee
Why we now have four security guards on site as our Gypo friends keep steeling our cable and brass cable joints.
Cheers
Lee
Cheers
Lee