Recently, AMM reported, “US hot-rolled coil prices inched up on Friday February 8 after major global steel market developments spurred improved US market sentiment.”
In our February 2019 newsletter, Adam Osborn, President of Ace Steel Supply, further supported AMM’s recent report.
“Last month I highlighted that the domestic mills were itching to raise prices. That has now started with one round of increases. I believe the mills will continue to go up as soon as their order books and lead time begin to stretch out.
When in these pricing environments, you should think of it this way… is there a greater chance of prices going up vs. staying the same? I think there is a very low probability that prices will go down vs up.”
Let Us Know How We Can Help You
Recently Bruce Margolin, Vice President of Ace Steel Supply, asked, “What difficulties are you experiencing? How can we help you? Will you let us help you? – these are 3 critical questions.”
Bruce added, “We are here to solve your steel challenges and without understanding the details, we cannot provide a meaningful solution, so please be candid with us.”
“We make doing business easier and are driven to take the stress out of buying steel.”
We Offer A Stable Supply Of Steel
Ace Steel Supply works hard to read the steel market so we can offer a stable supply of what you need. Consider looking at a stocking program with us for even more benefits to your business.
When you’re ready to save time, money and make your steel buying easier, give us a call.
Call us if your company requires a secure supply of stainless sheet, aluminum sheet, cold-rolled sheet or galvanized sheet metal.