We would like to inform you of recent developments impacting our industry and how they affect our ability to continue providing the high-quality products and reliable service you expect from us.
Since 2019, tariffs on imported steel products from China have steadily increased. In response, we implemented a price adjustment in January 2025 to help offset these escalating costs while maintaining our commitment to quality and service.
In recent months, changes in tariff policies have introduced new challenges. Notably, tariffs on a substantial portion of our steel inventory have increased. These increases have added pressure to our supply chain, affecting both costs and inventory availability.
To address this, we will be implementing a price increase on select products, effective July 1, 2025.
What This Means:
- A price increase will be applied to products directly impacted by the tariff increases.
- As a company we are absorbing a significant portion of these increased costs ourselves and are not currently passing on 100% of the tariff burden to our customers.
- We will continue to keep an eye on the tariff fluctuations and will let you know as soon as we do if they will affect our prices further.
However, we want to be transparent: if these changes become permanent, a broader price adjustment will be necessary to reflect the long-term impact of these tariffs.
We truly appreciate your understanding and continued partnership as we navigate these challenges. Our commitment to providing you with high-quality steel products and excellent service remains unchanged.
If you have any questions or would like further information, please do not hesitate to reach out to our team.
Thank you for your ongoing support.