posted on January 04, 2021 12:42
Based on the CRU being up over 90 % from its lowest point in July, steel mills have announced price increases of raw material, which has impacted domestic, import pricing, lead times, and overall availability on all incoming raw material. This has driven up our costs over the past few months and we regretfully must announce an 8-10% price increase on all Strut Metal Framing Channels and Accessories, effective January 18, 2021.
Additionally, Haydon reserves the right to modify the effective date of price increases and can limit the number of orders accepted based on historical purchases. Therefore, will not accept any order to ship beyond the submitted date of price increase.
We at Haydon Corporation would like to take this time to thank all our valued customers for your understanding in this matter and look forward to continuing the mutually rewarding relationship between our companies. During this time, we hope that you, your family, friends, and co-workers have been safe throughout this unprecedented pandemic and difficult times.
Should you have any questions regarding this pricing increase notice or shall you need copies of our COVID-19 policies, please do not hesitate to call me at any time.
Thank you for your valued partnership, understanding and cooperation.
Vice President Sales & Marketing
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