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  1. Join Date
    Feb 2008
    Posts
    274
    #1
    Just a head start or abit late! prices of steel will surely not stop to go up

    since the demand of CHINA is even greater than what they are eating up before the QUAKE and the OLYMPICS... CHINA is buying the whole world market of raw metal buying it higher than any other country, so tendency other countries are even buying our stock metal piles.. ask around and you will be shock how much is reinforced steel bar... its rising nonstop, kawawa dito mga contractor...

    example:

    a 10mm deformed bar is

    from 120pes in january to 215pesos today and still rising kaya im sure pati mga kotse in the next few months mag price increase na yan...


    add more pa rising dollars Hayzzzz naku talagang pataas lahat ng bilihin



    anyone in the same industry kindly confirm my report?

  2. Join Date
    Feb 2008
    Posts
    457
    #2
    gyerahin na kaya ng buong mundo ang China sya na me kasalanan ng lahat ng eto eh hehehe

  3. Join Date
    May 2007
    Posts
    2,328
    #3
    Quote Originally Posted by ringostarr View Post
    gyerahin na kaya ng buong mundo ang China sya na me kasalanan ng lahat ng eto eh hehehe
    * Ringo, easy ka lang bro yang puso mo!

  4. Join Date
    Jan 2003
    Posts
    2,979
    #4
    it seems like we are now experiencing a worldwide war now.... only it's economic... hmmm... life would be a bit more interesting and challenging from now on....

  5. Join Date
    Feb 2008
    Posts
    14,181
    #5
    Quote Originally Posted by badsekktor View Post
    it seems like we are now experiencing a worldwide war now.... only it's economic... hmmm... life would be a bit more interesting and challenging from now on....
    Pilipinas = from hero to zero
    China = from zero to hero to next superpower

    Another example of it sucks to be poor!

  6. Join Date
    Nov 2005
    Posts
    45,927
    #6
    tumaas value ni Superman

  7. Join Date
    Dec 2005
    Posts
    39,174
    #7

    Yup,- mahal nang magpagawa ng bahay dahil more than double na ang presyo ng bakal.... China is the biggest factor for this increase....

    6110:pepsi:

  8. Join Date
    Sep 2003
    Posts
    25,189
    #8
    Scrap metal is steadily going up. Parang 22/kilo ngayon.

  9. Join Date
    Aug 2004
    Posts
    22,702
    #9
    I'm wagering that the absurd inflation of steel prices will slow down after the Olympics start. It's a spike in demand brought about by prevailing circumstances in China.

    But in the meantime... who wants to buy my scrap?

    Ang pagbalik ng comeback...

  10. Join Date
    Oct 2002
    Posts
    10,819
    #10
    no, it's not just the olympics, or china alone.

    it's everything, like dubai and qatar, cars and ships, and oil rigs and oil platforms. more buildings are being built, just because there's a lot of empty desert out there to build on. more cars are being sold even if the price of gas is high. and ship building, why do you think the koreans built asia's second biggest shipyard in subic, and is still building another one in mindanao of probably even bigger capacity? shipbuilding is on an all time high. shipping is not just predicted, but definitely will double in terms of tonnage in the next 10 years. shipyards are fully booked all the way to 2015 such that if a ship gets damaged the only shipyards that will make room is the very shipyard that made it. halos pagpatungin na nila mga barko sa singapore kasi walang space sa shipyard. the slipways are full, the drydocks are full, and a ship or oil rig keel is laid every 2 weeks. oil rigs and oil platforms, too, are being built as fast as the money flows in (and do i need to tell you how fast oil money is flowing in these days?) and if oil is in demand, then they are also building oil refineries. one of the big factors that is raising the price of oil is the lack of refining capacity in the US. they're building, and that's a lot of steel! and power plants, and transmission towers, and ... all made of steel.

    btw, they'rs building a suspension bridge in da nang, vietnam. passed under it 2 weeks ago. meron din yata sa ho chi minh, kita ko at a distance. mauunahan na tayo ng vietnam! sa wednesday makikita ko hanoi, the guys here said very progressive na din daw.

  11. Join Date
    May 2007
    Posts
    2,328
    #11
    Quote Originally Posted by yebo View Post
    no, it's not just the olympics, or china alone.

    it's everything, like dubai and qatar, cars and ships, and oil rigs and oil platforms. more buildings are being built, just because there's a lot of empty desert out there to build on. more cars are being sold even if the price of gas is high. and ship building, why do you think the koreans built asia's second biggest shipyard in subic, and is still building another one in mindanao of probably even bigger capacity? shipbuilding is on an all time high. shipping is not just predicted, but definitely will double in terms of tonnage in the next 10 years. shipyards are fully booked all the way to 2015 such that if a ship gets damaged the only shipyards that will make room is the very shipyard that made it. halos pagpatungin na nila mga barko sa singapore kasi walang space sa shipyard. the slipways are full, the drydocks are full, and a ship or oil rig keel is laid every 2 weeks. oil rigs and oil platforms, too, are being built as fast as the money flows in (and do i need to tell you how fast oil money is flowing in these days?) and if oil is in demand, then they are also building oil refineries. one of the big factors that is raising the price of oil is the lack of refining capacity in the US. they're building, and that's a lot of steel! and power plants, and transmission towers, and ... all made of steel.

    btw, they'rs building a suspension bridge in da nang, vietnam. passed under it 2 weeks ago. meron din yata sa ho chi minh, kita ko at a distance. mauunahan na tayo ng vietnam! sa wednesday makikita ko hanoi, the guys here said very progressive na din daw.
    Di bali nauunahan naman natin sila sa corruption.

  12. Join Date
    Jan 2007
    Posts
    2,326
    #12
    Si gloria hindi tumataas ...

  13. Join Date
    May 2006
    Posts
    6,940
    #13
    Quote Originally Posted by BoyBakaL View Post
    Just a head start or abit late! prices of steel will surely not stop to go up

    since the demand of CHINA is even greater than what they are eating up before the QUAKE and the OLYMPICS... CHINA is buying the whole world market of raw metal buying it higher than any other country, so tendency other countries are even buying our stock metal piles.. ask around and you will be shock how much is reinforced steel bar... its rising nonstop, kawawa dito mga contractor...

    example:

    a 10mm deformed bar is

    from 120pes in january to 215pesos today and still rising kaya im sure pati mga kotse in the next few months mag price increase na yan...


    add more pa rising dollars Hayzzzz naku talagang pataas lahat ng bilihin



    anyone in the same industry kindly confirm my report?
    Naku sinabi mo pa..yung estimate nung feb, nag commence ng march, ngayon ongoing parin lagpas na sa estimate yung presyo

  14. Join Date
    Feb 2008
    Posts
    457
    #14
    Quote Originally Posted by yebo View Post
    no, it's not just the olympics, or china alone.

    it's everything, like dubai and qatar, cars and ships, and oil rigs and oil platforms. more buildings are being built, just because there's a lot of empty desert out there to build on. more cars are being sold even if the price of gas is high. and ship building, why do you think the koreans built asia's second biggest shipyard in subic, and is still building another one in mindanao of probably even bigger capacity? shipbuilding is on an all time high. shipping is not just predicted, but definitely will double in terms of tonnage in the next 10 years. shipyards are fully booked all the way to 2015 such that if a ship gets damaged the only shipyards that will make room is the very shipyard that made it. halos pagpatungin na nila mga barko sa singapore kasi walang space sa shipyard. the slipways are full, the drydocks are full, and a ship or oil rig keel is laid every 2 weeks. oil rigs and oil platforms, too, are being built as fast as the money flows in (and do i need to tell you how fast oil money is flowing in these days?) and if oil is in demand, then they are also building oil refineries. one of the big factors that is raising the price of oil is the lack of refining capacity in the US. they're building, and that's a lot of steel! and power plants, and transmission towers, and ... all made of steel.

    btw, they'rs building a suspension bridge in da nang, vietnam. passed under it 2 weeks ago. meron din yata sa ho chi minh, kita ko at a distance. mauunahan na tayo ng vietnam! sa wednesday makikita ko hanoi, the guys here said very progressive na din daw.
    wala ba kayo napapansin yun mga umuunlad ngaun mga kalaban ng Amerika nun araw: Middle East (Dubai), Vietnam, China

    parang iba ata policy nila ngaun

  15. Join Date
    Feb 2008
    Posts
    14,181
    #15
    ^^Just like the Roman empire, the Spanish empire and the British empire. The American empire is now beyond its climax and will decline from now on. No they won't be 3rd world country they would probably be like the UK is right now still influential but beyond its prime. China will be the next empire...

  16. Join Date
    Nov 2005
    Posts
    45,927
    #16
    the oil producers got rich coz the US made them rich. Who buys their oil? Who's their biggest customer?

    China got rich coz the US made them rich. Who buys goods from China? Who is China's biggest customer?

    What did the oil producers get in return for their oil? What did the Chinese get in return for their finished products?

    Dollars.

    Then the US borrows those dollars from the oil producers and China...

    in return, the US issues them pieces of debt paper.

    Paper for oil and goods?

    Doesnt sound like a good deal huh?

    The US will still be the world's preeminent power as long as the USD is the world's currency of trade.

All things made of STEEL price will go UP! nonstop