Newsletter 62 - March 2011

"MARCH STEEL BULLETIN "

Prices

(1st Jan 06 = 100 units)

                        From 1st Mar   (1st Feb) Last 12 months

                                     2011  (2010)    High           Low

Merchant Bar                 174  (130)     186 (05/10) 130 (02/10)

(Rounds, Flats, Angles etc)                      

Heavy sections              186  (132)     186 (02/11) 132 (02/10)

(Beams, Columns etc)                              

Hollow Sections             176  (135)     177 (05/10) 135 (02/10)  

(Box, Tubes etc)                                     

Prices

Prices continue to move forward, merchant bar prices have slowed as scrap moves down due to the uncertainty in North African countries. However hollow sections and heavy sections prices are still increasing and will continue to do so over the next few months.

Special Offer

We have a number of welding sets which we have "inherited". We know very little about welding (we leave welding to our custumers), but would be willing to sell any of the sets, as seen, at about 10% of their current cost. If interested please ring Brian Hoyle (01845 528200).

New Company

Laurence and I have recently bought the majority shareholding in The Steel Ball CompanyLtd (formerly Helipebs Ltd). The company makes steel balls from 25mm to 60mm in diameter for use as grinding media in cement, electrical generation and mining, and can also be used in decorative wrought ironwork. If you have any enquiries for steel balls, please ask the sales department.

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 -