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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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#1
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Metal content: But not happy news...
http://247wallst.com/2012/09/27/stee...urns-negative/
Saying that demand will be soft and prices will be low, Moody’s today changed its outlook for the U.S. steel industry to ‘negative’, indicating that conditions in the steel business will get worse over the next 12 to 18 months. |
#2
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Metal content: But not happy news...
Richard wrote: http://247wallst.com/2012/09/27/stee...urns-negative/ Saying that demand will be soft and prices will be low, Moody’s today changed its outlook for the U.S. steel industry to ‘negative’, indicating that conditions in the steel business will get worse over the next 12 to 18 months. Sounds good to me, I'm going to be looking to buy several containers next year and low prices are good. Containers have been a bit expensive recently. |
#3
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Metal content: But not happy news...
On Fri, 28 Sep 2012 01:05:34 -0500, Richard
wrote: http://247wallst.com/2012/09/27/stee...urns-negative/ Saying that demand will be soft and prices will be low, Moody’s today changed its outlook for the U.S. steel industry to ‘negative’, indicating that conditions in the steel business will get worse over the next 12 to 18 months. We have at the very least...another Double Dip recession on its way. Far too many of my clients are already cutting back. My MAIN client is now down to 6 employees...from 25...and they do nothing but aerospace ....... Best be stocking up your pantries (I certainly am)..as its going to be a very interesting 12 months or longer. http://townhall.com/tipsheet/guybens...cession_coming Gunner Liberals - Cosmopolitan critics, men who are the friends of every country save their own. Benjamin Disraeli |
#4
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Metal content: But not happy news...
On 9/29/2012 1:57 PM, Gunner wrote:
On Fri, 28 Sep 2012 01:05:34 -0500, wrote: http://247wallst.com/2012/09/27/stee...urns-negative/ Saying that demand will be soft and prices will be low, Moody’s today changed its outlook for the U.S. steel industry to ‘negative’, indicating that conditions in the steel business will get worse over the next 12 to 18 months. We have at the very least...another Double Dip recession on its way. Far too many of my clients are already cutting back. My MAIN client is now down to 6 employees...from 25...and they do nothing but aerospace ...... Best be stocking up your pantries (I certainly am)..as its going to be a very interesting 12 months or longer. http://townhall.com/tipsheet/guybens...cession_coming Gunner Liberals - Cosmopolitan critics, men who are the friends of every country save their own. Benjamin Disraeli Not surprising. The federal government has not had a budget for the last three years. Print-N-Spend has been the economic model. But that only makes the real problems worse. Interesting times, what? Richard |
#5
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Metal content: But not happy news...
Richard wrote: On 9/29/2012 1:57 PM, Gunner wrote: On Fri, 28 Sep 2012 01:05:34 -0500, wrote: http://247wallst.com/2012/09/27/stee...urns-negative/ Saying that demand will be soft and prices will be low, Moody’s today changed its outlook for the U.S. steel industry to ‘negative’, indicating that conditions in the steel business will get worse over the next 12 to 18 months. We have at the very least...another Double Dip recession on its way. Far too many of my clients are already cutting back. My MAIN client is now down to 6 employees...from 25...and they do nothing but aerospace ...... Best be stocking up your pantries (I certainly am)..as its going to be a very interesting 12 months or longer. http://townhall.com/tipsheet/guybens...cession_coming Gunner Liberals - Cosmopolitan critics, men who are the friends of every country save their own. Benjamin Disraeli Not surprising. The federal government has not had a budget for the last three years. Print-N-Spend has been the economic model. But that only makes the real problems worse. Interesting times, what? Richard When the economists they have commenting on NPR are indicating it will take 15-20 years for the effects of the quantitative easing to come and go, you know we're in deep doo-doo. And that report was on NPR before QE3. |
#6
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Metal content: But not happy news...
On Sat, 29 Sep 2012 18:09:23 -0500, Richard
wrote: On 9/29/2012 1:57 PM, Gunner wrote: On Fri, 28 Sep 2012 01:05:34 -0500, wrote: http://247wallst.com/2012/09/27/stee...urns-negative/ Saying that demand will be soft and prices will be low, Moody’s today changed its outlook for the U.S. steel industry to ‘negative’, indicating that conditions in the steel business will get worse over the next 12 to 18 months. We have at the very least...another Double Dip recession on its way. Far too many of my clients are already cutting back. My MAIN client is now down to 6 employees...from 25...and they do nothing but aerospace ...... Best be stocking up your pantries (I certainly am)..as its going to be a very interesting 12 months or longer. http://townhall.com/tipsheet/guybens...cession_coming Gunner Liberals - Cosmopolitan critics, men who are the friends of every country save their own. Benjamin Disraeli Not surprising. The federal government has not had a budget for the last three years. Print-N-Spend has been the economic model. But that only makes the real problems worse. Interesting times, what? Richard Indeed. In the most serious Chinese sense. "May you live in Interesting Times" ( a very powerful Chinese curse) Liberals - Cosmopolitan critics, men who are the friends of every country save their own. Benjamin Disraeli |
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