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We are pleased to announce another decrease in our steel pail prices for 2024, driven by continued reductions in cold-rolled steel costs and shifts in market demand. Your sales manager will contact you shortly with new pricing for Q4 2024.
This price adjustment will take effect for all orders shipped on or after October 1st, 2024, and will remain in place through the end of 2024. Orders placed before this price announcement will have their prices decreased retroactively!
CSC is committed to maintaining fair and transparent pricing practices in response to fluctuations in steel costs, whether they are rising or falling. You will never have to haggle with your sales representative for new pricing with us.
We believe our pricing continues to offer an unparalleled value package within the steel pail industry. With CSC, you gain access to:
- A dedicated customer service representative who understands your business and replies promptly to your request
- A Technical Center dedicated to designing and improving our pail-making machinery
- ISO 9000-2015 Certified Pail Plants
- A Triplex® Steel Pail designed to be stronger and safer
- Years of Excellent On-Time, Complete and Quality Performance
All at one company and for any customer, whether they are a Fortune 500 or small Mom-and-Pop business!
Whenever I send out these quarterly pricing letters, I try to keep you informed about the latest trends in the steel market, as reported by Steel Market Update.
Here’s a brief overview of the current situation:
- Price Updates: Cold-rolled steel prices increased by $25 per short ton week-over-week, reaching $945 a short ton, an eight-week high.
- Market Factors: Lower demand from buyers was partially offset by planned mill outages in the fall, contributing to the recent price fluctuations.
- Outlook: SMU’s price momentum indicator for cold-rolled steel remains high, suggesting prices are expected to rise over the next 30 days.
- Lead Times: Cold-rolled lead times range from 5-9 weeks, with an average of 7.0 weeks, according to the latest survey.
Thank you for your continued trust in our company. If you have any questions about an upcoming pail order, don’t hesitate to contact your sales manager!
Kindly,
Dan Roether
Vice President of Sales