We will continue to monitor the marketplace and respond responsibly to assure you receive competitively priced solutions and high-value service
Effective April 10, 2018, based on unprecedented market conditions, will be raising prices on all Steel Solutions
Based on unprecedented market conditions, Maccaferri is increasing all Steel Solutions (gabions, mattresses, wire mesh, lacing wire, hog rings, tools and rockfall protection items) by 10%. Regrettably, this must apply to new business and open quotes for our USA market. We apologize for the disruption; however, this step is necessary to continue our long-term commitment to our customers and employees.
Maccaferri will review quotations on a project-specific basis provided shipment is made within May 31st, 2018. Documentation of the related quotes must be submitted by April 13, 2018 for consideration.
This unfortunate action is necessary based on a variety of factors including raw material increases and freight impacts. Section 232 and the related 25% tariff on imported steel products have shocked an already rising steel market. Spiking prices and volatility will remain in the short-to-medium term due to the macroeconomic influences from the constrained domestic rod and wire suppliers. Additionally, zinc costs have also risen sharply over the past few months. Maccaferri is also experiencing an increase in operational costs surrounding inbound freight due to the limited carrier availability.
Nevertheless, we feel strongly that our unique solutions and ability to serve the Civil Design and Construction Industry enables us to maintain the value we deliver to our customers. We will continue to monitor the marketplace and respond responsibly to assure you receive competitively priced solutions and high-value service. If you have any questions, please contact your Area Manager.
Thank you for the opportunity to service your business and your understanding on this matter.
Orion J. Graham, President – Maccaferri, North America
If you have any questions or concerns, please feel free to email us at email@example.com