Wednesday, July 12, 2006
Hamond Lead Times for July 2006 and beyond
Actually, very little has changed from my last posting last month.
We have extremely limited machine availability on our machines now until September.
We have scattered time slots still open on each of our machines, but not much. If you need to place an order for delivery this summer, please get it in now so we can work it in around existing committments. And it's time to start planning for the fall.
Copper prices rose to a high of almost $4 in May, fell back to $3 in June, and are now on the rise again, hitting $3.50 a few days ago before settling back at $3.45.
Similarly, Zinc (used for rust protection, both plating and galvanizing) rose to $1.70, then dropped to $1.40 and has recently climbed back up to $1.60. Roughly same dates as copper - May, June, July.
There is talk that these recent price fluctuations are solely due to market speculators who got bored and decided to play in the metals markets, because there's no fundamental changes in metals, no new mines opened or shut down, etc, that would account for these wild swings.
Steel lead times remain a concern. We've had some some surprisingly long lead times quoted to us recently.
Hamond will be shut down for one week, the week of July 31st/August 1st-4th.
As always, you can consult our sales manager John for more detailed information. Call him at 416-998-0212 or email him at john.sheehy@hamond.com.
We have extremely limited machine availability on our machines now until September.
We have scattered time slots still open on each of our machines, but not much. If you need to place an order for delivery this summer, please get it in now so we can work it in around existing committments. And it's time to start planning for the fall.
Copper prices rose to a high of almost $4 in May, fell back to $3 in June, and are now on the rise again, hitting $3.50 a few days ago before settling back at $3.45.
Similarly, Zinc (used for rust protection, both plating and galvanizing) rose to $1.70, then dropped to $1.40 and has recently climbed back up to $1.60. Roughly same dates as copper - May, June, July.
There is talk that these recent price fluctuations are solely due to market speculators who got bored and decided to play in the metals markets, because there's no fundamental changes in metals, no new mines opened or shut down, etc, that would account for these wild swings.
Steel lead times remain a concern. We've had some some surprisingly long lead times quoted to us recently.
Hamond will be shut down for one week, the week of July 31st/August 1st-4th.
As always, you can consult our sales manager John for more detailed information. Call him at 416-998-0212 or email him at john.sheehy@hamond.com.
This BLOG brought to you by
Hamond Industries Ltd - the Slide Forming Specialists
