Steel Price Impact

Date: March 12, 2018 Sales Bulletin: 2018-10DDC Geographic Coverage: US – Commercial Distributors and Contractors LANCASTER, PA – Armstrong Ceiling Solutions today announced the following actions: Effective April 16, 2018, an 11% increase on the list price for all suspension systems Effective April 16, 2018, a 7% increase on the list price for all Axiom products Effective immediately, a 7% increase to all currently effective price exceptions for suspension systems Effective immediately, a managed inventory program designed to ensure continued service levels throughout all regions, with...

Read More >

The Current US domestic steel market is approximately 115 million metric tons. Traditionally, the average share of steel imports comprised 20- 22% of US domestic market steel supply. Starting in 2014, the share of imported steel supply rose to average 26-28% of US domestic market share. China was the biggest player through 2016, but due to tariffs implemented that year, currently supplies only 2% of the US market. In 2017, Canada (16%) and Brazil (13%) were the biggest suppliers...

Read More >