Steel Products

  Market Update and Specials

    

 

Steel Product Specials   8/14/18

TL  #4 - 20'  Grade 60 Rebar Domestic     $38 per cwt    El Paso, TX   Week 8/27

 

Market Report   8/14/18

Steel markets were all over the place last week, following 2 major news events.  First, President Trump announced that tariffs on steel products from Turkey would be now be raised to 50%.  The importers, some of whom actually had rebar on a boat heading to the U.S. from Turkey, were left scrambling on whether or not to receive the material here, or divert it to another country.  Then, we received a letter from Contanda Steel, the largest rebar port in Houston, that they were going to exit the import and export rebar business, focusing instead on the import and export of liquid products.  Contanda (formerly Inbesa Terminal) was by far the largest port for steel rebar in Texas, if not the whole gulf region.  At this point, we are not sure who will be able to handle the business when they are gone.  In the mean time, all of the rebar that we have available is now domestic production, and the prices are firm.  We havenít seen any price increase announcements yet, but it is quite possible that we will soon.

 

 

At Kruse Enterprises, we are distributors for the complete line of products from ST Fastening Systems.  Please call us for:

Metal Roofing Screws (both painted and galvanized) for wood or steel framing applications (WoodBinder or SteelBinder Screws)

Roofing Recovery Screws

Roof Jacks  (both round roofjack and square roofjack)

ST Closure Strips, ST Grommets and ST Polyurethane Strips

Snow Trax, Novatape and Tacky Tape

Acrylic and Urethane Roofing Sealants

 

Return to Home Page