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IndustryArena Forum > MetalWorking > MetalWork Discussion > Price of metal through the roof
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  1. #1
    Join Date
    Feb 2012
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    0

    Price of metal through the roof

    Dang! just picked up a length of 7.5 metres 25x25x3mm mild steel box section to start me CNC build.

    It was £25.66 in VAT($40.91) thats a hefty price just for one length and I probably need another 3.5metres? to complete the gantry.

    I suppose really its cheaper than going the Aluminium route so I must not complain too much.

    Bed size is...
    750mm x 600mm x 350mm

    I'll be housing the Motherboard(PC) and all electronics within the bed frame below the bed so that alls I need to connect up is a monitor&Keyboard to the CNC

  2. #2
    Join Date
    Feb 2009
    Posts
    6028
    Everything's going up but our paychecks !

  3. #3
    Join Date
    May 2004
    Posts
    4519
    Right. Getting the speculators out of the oil market would help some.

  4. #4
    Join Date
    May 2008
    Posts
    1185
    If you "get the speculators out of the marker" then it is no longer a market.

    You could re name it the Government Oil Depot or GOD and you know if they run it it will much more efficient and lower cost like the DMV or Veteran ADM or USPS or SS ADM or......
    Fanny Mae

  5. #5
    Join Date
    May 2004
    Posts
    4519
    Quote Originally Posted by arizonavideo View Post
    If you "get the speculators out of the marker" then it is no longer a market.

    You could re name it the Government Oil Depot or GOD and you know if they run it it will much more efficient and lower cost like the DMV or Veteran ADM or USPS or SS ADM or......
    Fanny Mae
    Seems you do not know the difference between a speculator and an investor. But that is ok. You can pay the price just like the rest of us. Thanks for today's laugh.

  6. #6
    Join Date
    Dec 2005
    Posts
    602
    Anybody that is in the commodities market is a speculator and an investor. The are not buying physical things like stocks and bonds, they are investing in the futures of that product, whether it's gas, oil, pig bellies, fruits, veggies, grain, or whatever. The speculators are what actually provide price stability to the market, unlike what the media and certain populist politicians would like to have you believe.

    Mark

  7. #7
    Join Date
    May 2004
    Posts
    4519
    Quote Originally Posted by wendtmk View Post
    Anybody that is in the commodities market is a speculator and an investor. The are not buying physical things like stocks and bonds, they are investing in the futures of that product, whether it's gas, oil, pig bellies, fruits, veggies, grain, or whatever. The speculators are what actually provide price stability to the market, unlike what the media and certain populist politicians would like to have you believe.

    Mark
    Not exactly. But hey, it is not my job to explain it to you. Right?

  8. #8
    Join Date
    Dec 2005
    Posts
    602
    Ummm, yeah, pretty much exactly. Commodities are mostly futures trades, with the exception of spot trades, on certain exchanges, like the Chicago market. They are not stock exchanges, like the NYSE or NASDAQ. Read up a little on what commodities markets really are:

    Commodity market - Wikipedia, the free encyclopedia

    Mark

  9. #9
    Join Date
    May 2004
    Posts
    4519
    It is ok. I know you still don't get it. Not your job really. No reason to get upset about it. have fun. Enjoy life.

  10. #10
    Join Date
    Dec 2005
    Posts
    602
    Oh, I'm not upset at all.

    Please do give your explanation. I'm sure the rest of us would like to be as well informed as you

    Mark

  11. #11
    Join Date
    Mar 2011
    Posts
    0
    Quote Originally Posted by txcncman View Post
    It is ok. I know you still don't get it. Not your job really. No reason to get upset about it. have fun. Enjoy life.
    I don't think you understand markets the way you think you do.

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