Welcome! Please use the navigational links to explore our website.
PartsASAP LogoCompany Logo Auction Link (800) 853-2651

Shop Now

   Allis Chalmers Case Farmall IH Ford 8N,9N,2N Ford
   Ferguson John Deere Massey Ferguson Minn. Moline Oliver

Tractor Talk Discussion Forum

Price of fence wire

Welcome Guest, Log in or Register
Author 
buck

03-15-2004 20:31:19




Report to Moderator


Was by Southern States today for some horse feed and ask about the price of horse cable ( barbless barbed wire) and was quoted 50 to 60 dollars right now. Said they wouldn't quote gates, stock panels,etc. unless you are ready to buy. Cost related to the cost of scrap steel. Now that price on the horse wire is about 2 1/2 times what it was last year. Anyone else running into this already?




[Log in to Reply]   [No Email]
DaveTX

03-17-2004 05:31:42




Report to Moderator
 Re: Price of fence wire in reply to buck, 03-15-2004 20:31:19  
The increases are due to a variety of factors including but not limited to: 1) increased consumption in China, 2) contraction of capacity, 3) short supply of critical related materials to make steel, 4) the dollar relative to other currencies and, 5) raising energy cost including oil and natural gas. Steel prices are up 48% (including surcharges) - aluminum 14% and copper 62%. An example of how dramatic the impact has been in our industry, pricing on ½” trade size of Electrical Metallic Tubing has been increased approximately 72% from $11 per hundred feet to $19 per hundred feet.

[Log in to Reply]  [No Email]
Jerry/MT

03-16-2004 20:14:45




Report to Moderator
 Re: Price of fence wire in reply to buck, 03-15-2004 20:31:19  
Just bought some 5-1/2 ' heavy steel fence posts the other day. Last year at this time they were $2 a piece. Paid $2.99 a piece for 'em this year!



[Log in to Reply]  [No Email]
tlak

03-16-2004 06:01:13




Report to Moderator
 Re: Price of fence wire in reply to buck, 03-15-2004 20:31:19  
New or old metal doesnt matter Chinas buying metal so its like gas prices when they raise the price of a barrel of oil it doesnt matter that it might be six months before that barrel gets over here they already raised the price of gas at the pump. So all metal well be at an artificial high for a while. I have some junk cars I figured it would be a good time to get rid of. One yards not buying and another told me $60 ton.

[Log in to Reply]  [No Email]
kyhayman

03-15-2004 21:59:08




Report to Moderator
 Re: Price of fence wire in reply to buck, 03-15-2004 20:31:19  
Scrap steel is way up. I posted a few weeks ago titled 'Daily Rant' on Impliment Alley (I think). My bulk suppliers are only quoting 48 hours. The Chinease are buying scrap steel like crazy and have quit selling coke at the same time we are having a shortage due to a fire at one of the major coke producers. Coke shortage is so bad the Weirton Steel shut down a line and they are one of the big players in the east.

I do respectfully disagree with the other post on a couple of points. China is has over built steel capacity at home to sell to us now that our market is open (again) to get hard currency (US) to buy all the goodies they need and to use up some f the electricty they are generating with the 3 Gorges dam. Scrap steel drives the current US steel industry today. Last week in American Metal Market (www.amm.com) it showed over 50% of domestic production was from minimills using electric arc furnaces which depend exclusively on heavy melt scrap and shredded steel. Of the blast furnace mills, a typical blast charge is 20% scrap and 80% ore but (for the past few years) most have been running a 40% scrap charge to to cut cost. Back in December Greenspan was quoted (Wall Street Journal)as saying that the one futures price he checked daily was the price of US #1 heavy melt scrap as an indicator of economic growth (and inflation). Dont think we arent headed there now.

[Log in to Reply]  [No Email]
BobMo

03-15-2004 20:54:58




Report to Moderator
 Re: Price of fence wire in reply to buck, 03-15-2004 20:31:19  
The price of your cable and fence wire have nothing to do with scrap metal prices since its not made from scrap. The cost of steel is up due to high demand in other parts of the world and the fact that steel making capacity in this country is extremely limited. China is devouring all of the scrap they can get their hands on and a most of it is being used in expanding their own standard of living. They have never previously produced substantial surplus steel that can be recycled. We have. The government has also increased tariffs on imported steel and that always allows domestic producers to raise pricing....
Most of the wire used for fencing in this country comes from Mexico or other S. American countries.

[Log in to Reply]  [No Email]
Brian G. NY

03-16-2004 06:42:24




Report to Moderator
 Re: Re: Price of fence wire in reply to BobMo, 03-15-2004 20:54:58  
And then..... .there's this guy on e-bay selling 15' rolls of old barbed wire, guaranteed to be rusty.



[Log in to Reply]  [No Email]
[Options]  [Printer Friendly]  [Posting Help]  [Return to Forum]   [Log in to Reply]

Hop to:


TRACTOR PARTS TRACTOR MANUALS
We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]

Home  |  Forums


Copyright © 1997-2023 Yesterday's Tractor Co.

All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy

TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters

Website Accessibility Policy