Steel is a commodity that behaves similarly to other commodities such as oil. It can be difficult to grasp the concept of steel prices rising and falling because consumers are not as aware of steel price fluctuations as they are with other price changes like oil which changes their gas prices.
Steel prices like oil prices are ultimately influenced by supply and demand. Oil prices can increase because of factors that are reported on your local news like wars, pipeline malfunctions and the summer driving season. On the other hand, steel prices can also react to decreased supply and increased demand but its factors are often not as publicized. Some recent impacts on steel supply include the tsunami that hit Japan, manufacturing facility strikes throughout the world and construction season. All of these occurrences increase the need for steel and as a result the global supply goes down which causes a spike in steel prices.
Since General Steel has been long established as the largest and most recognized pre-engineered building supplier in the United States, we have gained the most buying power in the industry. Steel prices can be volatile because of unforeseen events but when you work with General Steel you gain access to our unmatched buying power. As a result, unlike other steel building companies we pass our buying power along to our customers with our steel price protection program.
How Does it Work?
With a very small deposit you can lock your steel price and let the General’s purchasing power protect you from the volatile steel market for 90 days. Once you lock your steel price you don’t need to worry about change orders you would receive from other steel building companies and we even give you up to 45 days to make adjustments to your building
General Steel’s Price Protection Program
|Receive Pricing with a FREE Quote|
|Pricing is within your project budget|
|Send a small deposit to lock steel price|
|General’s buying power locks your price|
|You have 45 Days to make changes|
|Take delivery within 90 days to secure price lock|