National Cost of Steel is Higher than it's ever been in the History of America

National Cost of Steel is Higher than it's ever been in the History of America

July 2020 Steel CRU Index went from $533 per ton and 0.26 per pound

(Current) Steel CRU Index increased to $1,780 per ton and 0.90 per pound

July 2020 Steel CRU Index went from $533 per ton and 0.26 per pound

(Current) Steel CRU Index increased to $1,780 per ton and 0.90 per pound

Effective Monday July 19th 2021

To help offset the cost of the rising steel, shipping, and supply chain Redline Steel will be increasing our Flat Rate Shipping from $5.97 to $6.39

In addition, Redline Steel's weekly promotion release '$2 Tuesday' will include a $7.80 S&H Fee to offset the rising material and shipping cost.

Effective Monday July 19th 2021

To help offset the cost of the rising steel, shipping, and supply chain Redline Steel will be increasing our Flat Rate Shipping from $5.97 to $6.39

In addition, Redline Steel's weekly promotion release '$2 Tuesday' will include a $7.80 S&H Fee to offset the rising material and shipping cost.
Colin Wayne Flag Veteran

At Redline we have been able to sustain the same pricing structure without increasing our Steel product costs or shipping costs for over 4 years (80% of the lifetime of our company).

As a business, it has become challenging to continue our weekly promotional releases; such as $2 Tuesday, Thankful Thursday, and giveaway promotions given the continued increase in Steel costs that continue to climb rapidly every week. I included the CRU Steel Index, which is a nationally set 'Cold Rolled Steel' Cost Guide.

With 16G Mild Temper Pass Cold Rolled Steel nearly 4x higher than it was 12 months ago, we are looking at alternatives within the Steel/Metal industry to offset these rising costs for certain products such as 16 - 20G Aluminum.

With your continued support we have been able to scale our business with the core principle to put "People over Profit" and become a hands-extended, to not only our local community, but also the country as a whole, having donated over $5M in product donations to charities, non-profits, and first responders.

I ask that you are understanding of this slight increase in expenses due to national inflation, and continue to support our small growing company.

We need your support, more now than ever.


Thanks,
Colin Wayne
CEO/Founder - Redline Steel
Colin Wayne Flag Veteran

At Redline we have been able to sustain the same pricing structure without increasing our Steel product costs or shipping costs for over 4 years (80% of the lifetime of our company).

As a business, it has become challenging to continue our weekly promotional releases; such as $2 Tuesday, Thankful Thursday, and giveaway promotions given the continued increase in Steel costs that continue to climb rapidly every week. I included the CRU Steel Index, which is a nationally set 'Cold Rolled Steel' Cost Guide.

With 16G Mild Temper Pass Cold Rolled Steel nearly 4x higher than it was 12 months ago, we are looking at alternatives within the Steel/Metal industry to offset these rising costs for certain products such as 16 - 20G Aluminum.

With your continued support we have been able to scale our business with the core principle to put "People over Profit" and become a hands-extended, to not only our local community, but also the country as a whole, having donated over $5M in product donations to charities, non-profits, and first responders.

I ask that you are understanding of this slight increase in expenses due to national inflation, and continue to support our small growing company.

We need your support, more now than ever.


Thanks,
Colin Wayne
CEO/Founder - Redline Steel