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Prices to Mars!
It seems ever since the United States decided to send off our Mars explorers, the prices in our industry have tried to match the effort. If you haven't been watching the price changes recently, you should be. Multiple price increases in traditionally stable commodities are leading the pack. Steel pipe, steel nipples, steel anything, copper, brass, nickel, stainless steel, plastic and so it goes.
The Wholesalerâ recently reported that China consumed 55 percent of global cement production and 36 percent of steel. It also stated that China surpassed the U.S. in copper consumption. China is the No.2 consumer of aluminum and the No.3 user of nickel, as well as the No.4 user of gold. With a population of 1.3 billion people, the economic expansion in that country is being felt very strongly here in the U.S.
Yaun Company tries to make every effort to keep our customers abreast of price changes, but in this economic climate, you must take control of your own destiny. If you are purchasing any of the material stated earlier, at best you will want to confirm prices frequently. If you have any of our printed price sheets ask your salesman for an update or to confirm prices are still correct. Watch the YaunCo Report for price announcements as well.
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