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| Matt Niaura, VP of Sales & Marketing ClearSpan Fabric Structures |
It’s all over the news—steel prices are on the rise again. What does that mean for you, if you’re considering investing in a ClearSpan Fabric Structure? Vice President of Sales & Marketing Matt Niaura weighs in on how these rising costs will affect business.
What do you predict will happen to steel prices in 2011?
MN: It’s always difficult to speculate on steel prices. It is not just steel prices that are trending upwards, but most commodities.
Why are steel prices rising?
MN: Now that the economy is improving, there is an increase in demand, which results in a natural increase in cost. Pair this with current events, such as the disastrous flooding in Australia, where the steel industry gets a significant amount of coking coal, and conditions are ripe for escalating prices.
How will this affect consumers?
MN: Consumers can expect to see increases in most products manufactured from steel. There could be multiple increases throughout the year on many products.
How is ClearSpan planning to help its customers?
MN: Since we have a large inventory of steel on hand, we will hold prices for customers that order their building in the near future. Order now and we can delay shipping and construction to fit with your schedule.
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