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.
