Industry News & Information
Steel Price Update 2021: Steel Supply & Market News
What has happened to the steel market through 2020 and 2021, and what is the future outlook for the metals industry?
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.
