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Luego steel price hike?
Vitesse - 17/9/04 at 08:45 AM

There's been a news story posted on www.totalkitcar.com about an impending price hike on Luego steel products.

I was hoping to build a Velocity (still saving), does anyone know by how much the price will go up?

Guess i'll have to work more overtime, or perhaps i'll look at an Indy or GTS, unless of course there all about to go up to.

Anyone know the state of play here?

Kind regards,

Paul


carlgeldard - 17/9/04 at 09:55 AM

In the last year steel prices have gone up by around 117% which means such a rise has to be passed on to the customer. It is the same the world over thanks to chinese manufacturing. Alloy is stable at the moment and has been for over 5 years.

Carl


Ben_Copeland - 17/9/04 at 11:21 AM

If your worried about it.. Darren at GTS is NOT putting his prices up.. Held till 2005 apparently


nutter - 18/9/04 at 04:14 PM

its the bloody chinese they have started a massive building spree and bought shed loads of steel and its all in buildings so wont come on the the scrap market for years and years