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john B. john B. is offline
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Default COst of steel at metal suppliers

On Mon, 11 Feb 2013 12:55:45 -0800 (PST), Transition Zone
wrote:

On Feb 10, 7:49*pm, F.K. wrote:
On Sun, 10 Feb 2013 12:51:59 -0800 (PST), Transition Zone

wrote:
On Feb 9, 3:22*pm, Ignoramus19809 ignoramus19...@NOSPAM.
19809.invalid wrote:
*If I was to buy steel at a metal supplier, in the quantity of a ton
or
*so, *how much would it cost per lb ?


Depends upon what kind of steel and where. *I remember I saw a TV
movie Columbo episode: "The Conspirators" (1978) which ended up being
about ships that traded cargo while out at sea. *Could this be a cheap
way of avoiding cheap import duties ?? *Like buying steel below
government-set prices??


(you do know that the price of steel is set by each country's
government, right)


No, I didn't know that.


Really?

Could you enlighten us and advise us of the U.S. National Agency that sets the price of steel in the U.S.,


Why, yes. Its called the Department of Commerce.

"A Mexican pipe manufacturer has retracted its challenge to anti-
dumping duties assessed by the U.S. Department of Commerce"
-- http://www.law360.com/internationalt...dumping-duties


But that is not "setting steel prices". According to your reference it
is a case where the maker was selling in the U.S. at a cheaper price
then he sold in his own country, referred to as "dumping".
--
Cheers,

John B.