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    Market Segment

    August 26, 2014

    HARDI Wholesalers Waiting to See What Happens Next

    Written by Sandy Williams

    There were no surprises raised during the most recent HARDI steel conference call conducted earlier this morning (Tuesday, August 26th). There were no surprises because on the previous call, held in July, the galvanized steel group members discussed the potential for new coating extras as zinc prices rose above $1.00 per pound.

    As anticipated back in July, the domestic steel mills have begun raising coating extras which creates a major impact for HARDI wholesalers who sell galvanized sheet and coils to the mechanical contractors working on commercial and residential construction projects. Most of the products sold are lighter than 16 gauge (.0575”) and can go as light as .012” for furnace pipe and fittings.

    Sandy Williams

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