McCloskey & Company is proud of our longstanding relationship with Gilbert Industries. Part of our partnership with our customers is to inform and anticipate bumps in the road in raw materials prices, and therefore finished products. This helps bring our customers’ projects in on-budget and on-time.
Obviously no one can predict the future, and sources are mixed as to which direction and magnitude the stainless steel surcharge will move. We are receiving multiple indicators that 1st Quarter pricing of stainless will be on the rise. The charts below (from various sources) are a few examples of this volatility. Regardless of how the market plays out, we wanted to keep our customers aware of the uncertainty.
Gilbert Industries – A Leading Stainless Steel Tank Fabricator
TOP: Two Charts illustrating surcharge and scrap increases BOTTOM: A different source with estimated surcharge increases over December
If you aren’t already accounting for potential volatility in your plans, now might be a good time! Don’t let an increase in the stainless steel prices steal your wallet!
As a national market leader in stainless steel fabrication, Gilbert Industries (headquartered in Sparta, MO) is a company you can trust staying on top of these trends. Ultimately, we can provide you top quality field-erected and shop tanks, with an industry leading safety record, at competitive pricing. Family owned and operated–with millions of hours in Stainless fabrication experience–let Gilbert and McCloskey & Company partner with you on your next project!