Steel Mills
March 22, 2022
HARDI: War Flips the Script on the Galvanized Market
Written by Tim Triplett
Distributors who sell galvanized steel products have some recent experience at managing purchasing and inventory in a rapidly rising price environment. In their monthly conference call earlier today, members of the Heating, Air-Conditioning & Refrigeration Distributors International (HARDI) drew some comparisons between the spike in steel prices prompted by the pandemic last year and the big jump caused by the war in Ukraine this month.
“We had a pandemic, now we have a war. Russia’s invasion of Ukraine on Feb. 24 changed everything,” said Steel Market Update Senior Editor Michael Cowden, speaking on the call.
