Steel Price Update 2021: Steel Supply & Market News

Steel prices normally fluctuate slightly as the metals market changes, but since late Spring 2020, supply has dropped and prices have soared. On today’s Q&A Mondays episode, Adam Mazzella explains some of the reasons behind the increase, why steel has become harder to acquire, and what this means for the metal construction industry.

Topics covered:

• What’s been happening with steel supply in 2020 and 2021? 1:03​
• What does this mean for the price of steel in 2021? 4:22​
• What does this mean for companies that need to purchase steel regularly? 5:22​
• How does this affect the metal construction industry and the end user? 6:56​
• What does this mean for customers interested in metal roofing? 8:00​
• What’s the future outlook for steel and the metal markets? 10:09​
• What is Sheffield doing to help existing customers through this? 11:35​

Learn about Section 232 and steel tariffs here.