Baling wire is a material that has usefulness in the market because of its ability to help bundle large amounts of material. The recycling industry especially has a great use for baling wire to compress materials that need to be recycled and deliver them to the appropriate place.
One challenge businesses may have, however, is understanding the price of baling wire as in some instances, it can seem relatively high. There are reasons behind this that often have to do with the production process and other factors too. With that being said, here is why baling wire is so expensive for those who may be wondering.
Inflation
One of the primary reasons that baling wire can be so expensive is because of reasons like importation from foreign countries. To begin with, manufacturers located in China, as well as other countries outside of the US, have different quality standards and regulations than other countries do. This means that they can produce baling wire using a range of different materials and potentially cut costs in the process. This can directly impact the market and cause inflation for a number of reasons.
For one, manufacturers in the US usually have strict quality control which means they have rigid guidelines in place. This is to ensure they maintain a high standard and produce quality products. With that being said, seeing as US manufacturers can’t use cheap or harmful materials like lead when producing baling wire, they have to source quality raw materials which aren’t typically cheap.
Gauges
When buying baling wire, you will notice that they come in a range of different gauges. This could be anything from 11 to 14 gauge wires depending on the use. The longer the wire, the more you’re likely to pay, but you will find that there are discounts available if you tend to be a repeat customer or want to buy in bulk.
Types of Wire
There are different types of baling wire, and each goes through a different process before the final product is produced. Having said that, this can directly affect the price of the wire, so take that into consideration as well.
For instance, there is galvanized baling wire available which has an added coating of zinc so that it can withstand different environmental changes without undergoing corrosion. Because of the extra materials that are being used as well as the process, the price could potentially be more than anticipated.
On the other hand, there is also black annealed baling wire available which is more ductile and typically used for single-ram baling applications. Annealed wires are heated and then cooled, which again, is a different process which could contribute to it being sold at relatively high rates.
Most businesses are looking for ways to minimize expenses, so they like to know what they’re buying, for what price, and where they can potentially save. This can especially be said about baling wire seeing as it will be a recurring expense for recycling businesses and the likes in most cases. The above article hopefully gives you a better understanding as to why it’s priced at the rate it is.