foreign I was posting one of our podcasts um clips that we do so you know it’s important the podcast post content media pushing out more podcasts I just talked with someone that we’re going to be doing a new podcast with here soon so keep your eyes out for that it’s going to be launching here hopefully next few weeks yeah a month um I’m excited for that but we got bets on the future out we got talking tires out we’re just expanding our we’ve got a pretty good like little deal we’ve been working on for a couple years now that we’re gonna launch and I think it’s gonna be big for our industry I think it’s going to be good and we’ll kind of keep everybody posted you’re probably starting to see some things on it but we got something we’ve been working on in the background that’s pretty awesome I think that’s that’s great for you know businesses that are looking to expand their opportunity their like marketing and branding opportunities so it’s really exciting so we almost got back up to 390. yeah you know we’re almost I told you if I bet

against it you halfway did yeah and make an official because it went against everything you stand for exactly but you kind of were talking it down and then it shot up yeah China came and said they were gonna potentially stimulate their economy put some juice to it and you know I think it’s they didn’t raise the interest rates yeah this time I think I think that helped you know you know things that I’ve been reading they do plan anticipate a couple more uh interest rate increases this year so we’ll see what that kind of does to everything but yeah you know they just pumped we pumped so much money in there I get it you know you gotta kind of get pull some of that money out of there well and and I still believe that you know commodity pricing is going to have some legs for some years to go just because you can they’re still printing money and they’re still extending the the debt ceiling they’re still now they’re sucking liquidity out you know via you know basically kind of demotivating or unmotivating people to build to construct to do some of

the things to grow because everybody’s kind of waffling on you know where does this economy go so they are kind of slowing down the liquidity and slowing down the movement of money but generally speaking um I’m still pretty optimistic I think just this simple Supply and demands there where people just need these materials yeah there’s a certain amount of it that’s still needed I mean and ultimately you know whether we get a big tremendous growth from China is probably not where but there’s other countries you know like India that they anticipate is going to see a pretty big growth you know period of time like what maybe China saw you know from the say early 2000s on um you know Africa is still a big um big area for growth growth potential and in order to grow in order to kind of uh put electric grid in to put roads in to put you still need infrastructure you need steel you need concrete you need copper you need you know a lot of these Commodities and these base Commodities so you know you always got your short-term blips and ups and downs but

generally speaking I think that you know the trend is still our friend in that in that regard so you mentioned still for infrastructure are you still feeling like still is going to be down here in July is that still the it seems like yeah there’s something there’s unless there’s something that drives some more positive you know Outlook or momentum it feels like it could definitely be a sideways to down month I mean I don’t know that people anticipated you mean off as far as it was um but that just speaks to the supply that’s available and the demand that’s you know that’s there so if they can get the tons they need at down 60 down 70 on some grades you know down 40 on some grades then why pay more you know there’s that just speaks to speaks to the volume available but like we always talk about we did see I forget which one one of the steel mills raise their prices again yeah you know it was just like a week after the price came out then they raised their prices yeah which you know I get it’s different I understand

that but you know sometimes it just makes everyone Wonder like well why is the price getting killed if they’re raising prices it could be just somebody trying to stop the bleeding yeah like saying okay like we’re not going to take our hot row coil down our price down anymore we’re gonna cap it right here this is because they took it up like it was like up 50 bucks or it was up 50. yeah so they’re just like okay enough enough’s enough and was it down 27 from April highs or something like that maybe they just adjusted it up and that’s the price yeah they’re basically saying okay we can we can sustain this price and you know maybe that’s just somebody trying like a throw in a dart like let’s just see if we can stop it here can you see that on our for our pipe company yeah have you seen the price on that yeah we’re usually lagged you know we usually lag behind the market a little bit but yeah pricing is starting to uh you know push down down the value chain to where you know you’re you’re because what

what here’s the deal it’s not what you’re selling new steel for what you’re selling um say new steel pipe for is not necessarily driven only by the commodity price right it’s a big component of it and so you should see discounts in it will you get the complete if it’s if the prices deals off 27 well you get to see the complete 27 percent correction depends depends on the product but generally speaking I mean just like our costs have gone up you know the cost of a material handler you know operator the cost of a forklift operator the cost of just power of power the cost of you know infrastructure whatever that is so you’re gonna have to figure out what that is and kind of work that into the price as well right and so it’s not it’s not a pure one for one ratio it’s a little more complicated and they say you’re just seeing companies find that sweet spot again to adjust new markets and new new pricing well we’ll see what it does I’m I’m curious if copper breaks 390 gets back to four you know before Fourth of July

everything was a little bit soft this morning I mean every I mean everything from pgms to base Metals I mean I think copper was the only one that was half-assed flat um now it’s starting to come down a little bit so generally speaking it’s not a blood blood bath but it is sure not a green is green light go you know it’s a typical bloody Monday for us exactly we’re used to it by this stage in the game all right thank you everybody um have a great week and I hope everybody had a great Father’s Day if it applies to you then in this you do have a dad out there somewhere or else you wouldn’t be here and if you have kids great you know Happy Father’s Day to you thanks everybody all right take care