Trust me, the steel tariffs hit industry hard and caused a perceptible dip in manufacturing output this spring. I work in metal fabrication and my price quotes were only good for 24-hours and the mills reserved the right to jack the price on you unilaterally at the time of order. Can’t engage in commerce that way. Everything slowed down. Aluminum was the worst. Stainless steels were pretty bad too.
Steel building suppliers are sitting on mountains of cheap roll-formed carbon steel. They are more likely to keep prices low just to move inventory. A lot of their material is recycled scrap. Low-grade stuff like ASTM A36.
Fair enough. All i deal with is structural.
Tarriffs hit prices hard when i used to buy lots of oilfield high end tubulars.