News
July 28, 2010: Stewart Keys retiring
The venerable Stewart Keys is retiring. August 6th will be Stewart's last day after 14 years with Brenco. He is returning to England with his wife to live the life of an English country gentleman. We wish him all the best as he begins the next chapter of his life.
July 11, 2010: The Brenco Criterium at this year's Tour de Delta a resounding success
The Brenco Criterium was blessed with a beautiful, warm, sunny evening. The conditions were perfect and the excited crowd was huge at the 10th Anniversary of the event. A special thanks to all the volunteers and the Delta Parks & Rec and Engineering staff for your hard work and effort to put together another great event.
June 3, 2010: Brenco Sponsored "Tour de Delta Event": July 10th
The Brenco Criterium will be held Saturday, July 10th in downtown Ladner beginning at 5:30 pm. This is a free family event where you'll see bicycle racers racing at break neck speeds on a closed circuit course. If you're not familiar with bike racing, this is the perfect time and place to experience it. Lots will be happening including displays and track side food and beverages.
Brenco has been a sponsor of the Tour de Delta since its inception ten years ago.
April 10, 2010: Brenco Introduces the Waste-O-saurus
We're looking for your help to search out the Waste-O-saurus. Are you up for the challenge? Click here to find out how.
March 30th, Chris Kuehl reported in Business Intelligence Brief:
Steel Prices Set to Double as New Iron Ore Pricing System is Established
The three major iron ore companies flexed their muscles collectively and a 40 year old system vanished. The old system of setting iron
ore prices was based on an annual contract that was set when a major steelmaker agreed to a price. At that point all the other steel makers
followed suit and the price was set for the year. Now that system is in tatters. The pricing will be quarterly and based on spot market trends.
The initial contract will take the price of iron ore to between $90 and $100 a ton in contrast to the $60 a ton it sold for last year. The result
is a doubling of steel prices in the immediate future and no guarantee at all that they will not go up in the next quarter. The agreement was
signed between some Japanese and Chinese steelmakers and the Europeans will follow shortly.
Analysis:
The impact will be felt very quickly. The big steel makers will raise their prices soon and that means that every industry thatuses steel is going to see their costs double – at least. The steel makers are very likely to price in anticipation of future hikes and that
could mean their prices more than double in the weeks to come. Not good news for automakers, machine makers and for elements of
the construction business.
Brenco cut and formed the stainless steel components for the Olympic Cauldron
Brenco Industries Ltd.
10030 River Way, Delta,BC, Canada V4G 1M9
Phone: 604-584-2700 Fax: 604-584-2702 Toll Free: 800-563-0763