Newsletter 17 -July 2007

"Keeping you Informed"

Prices

(1st Jan 06 = 100 units)

                            From 1st July    (1st Jan) Remarks:

                                           2007     (2007)

Merchant Bar                     126         (112)    No increases, prices

(Rounds, Flats, Angles etc)                          stable.

Heavy sections                  157        (135)   No more increase

(Beams, Columns etc)                                 in the near future

Hollow Sections                  118       (118)  Prices stable.

(Box, Tubes etc)                                        

Supply

Merchant Bar supply is in the balance at present and if all the mill shutdowns and refits are successful then supplies could be uninterrupted. Heavy Sections continue to be in tight supply over the nect few months and hollow sections have a 10/12 week lead time from UK mills due to summer shutdowns.

Demand
June was a good month overall for demand although the second week of the month was very quiet. We expect customer demand to remain at current levels over July and August.

Tomrods Limited/All Steels Trading Ltd/Legg Brothers Ltd

Results for all three companies for June trading are good with All Steels Trading leading the way. The new night shift at Tomrods Limited, Thirsk warehouse is working well and we would welcome new enquiries for shotblasting and painiting. Legg Brothers Limited will start working Saturdays in July reflecting the excellent efforts of the new regime now in charge.

Both All Steels Trading and Legg Brothers will have their own websites on line during July so if you wish to keep up with developments at both in future you can find them at www.allsteelstrading.co.uk / www.legg-brothers.co.uk

Thank you for reading this and if you have any comments about Tomrods Ltd or our website please email the undersigned at johnt@tomrods.co.uk

John Thompson
Managing Director