As we start off 2021, we are seeing rapid increases in steel pricing due to a global shortage of steel. Steel companies shuttered many of their mills last year as a result of the global pandemic. Due to this shortage, steel prices have recently soared to a 40-year record high.
As a company, we vow not to raise our prices to cover the increase in the price of steel until the absolute last second necessary, which for us is February 26, 2021. Anyone who places an order by that day will be guaranteed our current prices.
We want to give everyone as much as a heads-up as possible as to what’s going on in our global steel industry so we can all plan accordingly. We’re confident that we can all get through this together and things will normalize in a few months.