Steel Prices Increase

16
Feb
Steel Prices Increase

Dear Valued Customer:

As of the last few months, steel pricing has, and continues to increase at the highest rate in history. We have seen increases as high as 45% since last year and anticipate more possible increases through the first and second quarters of 2021 as high as an additional 25%.

Until the market begins to stabilize, please speak to one of our representatives about current price and availability before planning any jobs. We will continue to do our best to mitigate pricing and availability problems as much as possible by buying inventory early.

The good news is we do expect the steel market to normalize this year, however we cannot say for sure when that will happen.

Please feel free to contact us if you have any questions or concerns.

Sincerely,

Brian Nelson

Transline Industries, Inc.