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IndustryNet is the industrial marketplace
List of verified suppliers of steel bars, tool steel, stainless, mild & high-speed steel, drill rod, conversion work, squared, alloys, drill rods, aluminum, die springs & brake dies, wholesaler & steel, copper & stainless & tool & die steel, drill rods & high speed tool bits, steel saw cutting & metal heat treating materials.
In the face of tariffs, United States manufacturers are confronting higher prices for the steel they need. While U.S. steel companies have experienced a welcome surge in revenue, their customers are experiencing unwelcome challenges. In the lag time that occurs between the rise in overhead and any compensation that accompanies an increase in selling prices, the ink on bottom lines in many industry segments may turn red.
IndustryNet data gathered from 400,000 manufacturers found that 43,000 of them rely on imports for production of their goods. At one "mom and pop" company that fabricates steel used in the construction of high-rises, materials costs have increased nearly 50 percent. Large firms are also feeling the pinch: General Motors Corp. has projected lower profits due to a jump in ...(Full Article)
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