Last Updated: 3/3/2023 (Price uptrend forming again)
This is a quick note to illustrate the situation with steel prices affecting our industry. This graph shows weekly steel prices for cold-rolled steel and hot-rolled steel, the most common commodities used in the fabrication of the products listed on this site.
Even as we see steel prices return to more reasonable levels, manufacturers continue to see cost increases and delivery delays on items such as paint, hoses, copper wire, and various electronic components.
We are working with third-party vendors every day to locate alternate sources of supply for items critical to the fulfillment of our customer’s orders. If you have a critical project schedule, please contact us as early as possible in your procurement process, so that we may update you on the current lead times for equipment related to your upcoming order.
As before, please contact our office to review any expired price and lead time quotations.