Steel Products
August 6, 2019
Higher Steel Prices Challenge HARDI Members
Written by Tim Triplett
Distributors of galvanized steel to the HVAC sector are paying higher prices to their suppliers, but having difficulty collecting the increase from their contractor customers, reported members of the Heating, Air Conditioning & Refrigeration Distributors International during their monthly conference call earlier today.
Since HARDI’s last call, domestic flat rolled mills have announced three price increases totaling $120 per ton ($6/cwt). Polled last month, most HARDI members predicted an increase in the $1-2/cwt range. Some are doubtful the mills will collect much more than that and are skeptical the increase will last long-term.
