2024 has started off much stronger than last year, with both January and February beating our initial forecast.
We have had to slightly extend our lead times to be able to keep up with the increased demand, meaning our lead times are currently at 3-4 weeks instead of their usual 2-3 weeks.
I know that prompt delivery is crucial to you and your company! Whether you are placing a large or small volume order, you can expect to receive your products on time and complete. We have always led the industry when it comes to our delivery performance:
We are fully committed to providing you with the industry’s best possible customer and delivery service, all the time, every time.
In the meantime, I wanted to let you know that we are monitoring the dramatic rise in steel pricing over the past 6 months. In August 2023, the average price for cold rolled steel was around $1,000. In January 2024, it shot up to over $1,300!
See below for Cold Rolled Steel Pricing since August 2023 provided by Steel Market Update:
As always, if you have any questions or concerns, please do not hesitate to contact us. We are always here to help!