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George
 
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wrote in message
ups.com...
All,

I work in the large computer business and the raw steel prices for our
cabinets have gone up 20% to 40% over the last year. China is on a
growth spurt and is buying up steel and scrap steel on the world
market. Consequently, raw material costs are soaring. I suspect
Oneway is passing on this cost.


As our iron mines close for lack of demand. Though the Chinese did order a
few tons of pellets. They must really be desperate if transporting them
that far.