“Our preferred clients get a lot more value from us other than being able to supply a piece of steel.” 7 Steel Secrets Your Steel Suppliers Won’t Tell You, Adam Osborn
Hot-rolled coil prices remain steady. US plate prices are holding their ground with lead times between six to nine weeks.
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.
Once lead times move into 2019, prices should increase. Especially if mills increase prices, which look likely. When mills increase prices, then buyers will likely rush into the market in large numbers.
For now, plate prices are likely being kept high because of steady demand from OEM (original equipment manufacturers) and large construction companies.
Also, West Texas Intermediate (WTI) is trading around $52 per barrel this week. Baker Hughes Rig Count is 1076 – down slightly from last month. The US rig count has risen by 147 rigs year on year.
It is best to go with a proven expert in their field.
Call us if your company requires a secure supply of stainless sheet, aluminum sheet, cold-rolled sheet or galvanized sheet metal.
When you are ready to save time, money and make your steel buying easier, give us a call. Our sales team is waiting to work with you.
CALL NOW 832-300-1030.