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Last Post 06/05/2008 9:43 PM by  okclarryd
Steel Price Increases
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Tom Toll
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06/04/2008 10:17 AM

    I have been informed from several  steel  clad providers that there will be an increase in steel as follows. 10% increase on June 14, an additional increase on July 16, and possible increases from that in about 4 months.

    Seems China has not gotten enough of our money , so they are asking for more. This, of course will increase premiums on commercial policies and  possibly  HO policies. Seems to never end, however, I just heard Prez Bush say the economy is stabilizing, so we should not worry about steel increases and fuel increases.

    If your gonna buy a new ride, now is the time to do it. This will affect the auto industry tremendously, I would imagine.

    Success is not final, failure is not fatal: it is the courage to continue that counts.
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    JimGary
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    Posts:470


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    06/05/2008 8:37 AM
    Posted By Tom Toll on 06/04/2008 10:17 AM

     I just heard Prez Bush say the economy is stabilizing, so we should not worry about steel increases and fuel increases.


    Yeah, Seems like a few years ago, he also declared victory and said the war is over. Sometimes you gotta wonder exactly what country Pres Bush is running.

     

    JWG

    I know the voices aren't real, but sometimes they're right!
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    okclarryd
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    Posts:954


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    06/05/2008 9:43 PM

     

     

    I think he's more of a "jogger" than a "runner".

    Larry D Hardin
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