Steel Mills
August 6, 2019
HARDI Members Surprised by Declining Galvanized Steel Prices
Written by Tim Triplett
Demand for HVAC products remains relatively strong in an otherwise lukewarm steel market, but members of the Heating, Air Conditioning & Refrigeration Distributors International (HARDI) say they are challenged by declining galvanized steel prices and rising intensity from the competition.
Polled six weeks ago, nearly all the HARDI members expected galvanized steel prices to stay level or increase by $1-2/cwt. Instead, galvanized base prices have dropped to under $37.00/cwt, from around $38.75 in mid-August.
