Posts Tagged ‘steel prices’

Steel and other Prices from 2008 to 2009

Sunday, September 27th, 2009

Here is an update on steel and other prices since that runs from the beginning of 2008 through the beginning of 2009, the figures represent actual purchases. As you can see from the following table, it was a massive roller coaster ride, much as what was seen with the price of crude oil. Since steel prices are set internationally and determined by global factors, the amount of price fluctuation is large compared with products produced solely within Thailand, for example, cement. (more…)

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Sudden Decrease in Price of Metal

Thursday, November 6th, 2008

It has been an amazing ride this year! First, commodity prices were going up at an obviously unsustainable rate. Now prices material prices (internationally) have crashed. One easy example, copper, which was selling for 4.01 dollars per pound is now under 2.00 dollar per pound, gas which was up to 150 dollars per barrel is now down to around 65.

How does this impact the price of raw materials that we need to build a house? If you remember the previous post here Inflation in the price of building materials in Thailand we have been concerned about the recent price run up. Well, of course what goes up must come down! (more…)

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