Tag Archives: tariffs

Steel Volatility FAQ

Most of you are aware of all the rhetoric coming from south of the border regarding duties and tariffs which are threatened to be imposed on Canadian steel going south.

This obviously would have a significant impact for anyone from Canada who is exporting.

MSS is proud of the fact that our product is almost 100% Canadian manufactured. As such you may think that we would not be impacted by all this in a significant way.

That is not the case and the purpose of this post is to make you aware of the volatility presently in steel and aluminum.

The purpose of tariffs is to reduce incoming products and minimize competition (it is called “leveling the playing field”) so that steel mills will be running at higher levels of productivity.

Since many steel mills are not as efficient as they could or should be, it is easier to simply take advantage of the opportunity and raise prices.

Unfortunately Canadian manufacturers are playing the game and rather than reducing prices on product that cannot go elsewhere, prices are being increased.

We, at Multi Shelter Solutions, are extremely grateful for the fabulous year our customers have given us in 2017.

This has given us the means to be more proactive on securing larger amounts of steel and further out as a way of minimizing the impact of price changes on our customers.

Thank you to those who are planning further ahead but please be aware of the current state of things. We are a small fish in a big pond but we are working hard to be deserving of your loyalty and look forward to working with you on your 2018 projects!