Thread: Rumors?
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Old 06-28-2004, 05:45 AM   #20 (permalink)
Michael J. Klein
 
Posts: n/a
Re: Rumors?

On Mon, 28 Jun 2004 10:57:50 +0100, "Just zis Guy, you know?"
<outlook.bugs@microsoft.com> wrote:

>On Sun, 27 Jun 2004 21:16:22 -0500, "Thomps" <mthompso1@isd.net> wrote
>in message <10duvrhku3vbb8f@corp.supernews.com>:
>
>>Why do I keep hearing/reading about imminent price hikes on bikes and/or
>>components?

>
>Because it's likely true? Just guessing. There is a steel shortage
>in Taiwan - they've even taken to stealing drain covers.


I'm in the outsourcing business, and I haven't seen anyone doing that
in Taiwan. However, in China, I did see a foundry scrap heap and guys
were cutting up old steam heat radiators, car parts, sheet metal
cabinets, etc., anything and everything - melting them for castings.

Here, I put a pic I took of that scrap heap on my site so you can see
it:

http://www.asiancastings.com/images/scrap_heap.jpg

Steel was going up some time ago. But recently I have not had any
suppliers give me a raw materials cost increase.


Michael J. Klein mklein@mousepotato.com
Dasi Jen, Taoyuan Hsien, Taiwan, ROC
Please replace mousepotato with asiancastings
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