The Changing Cost of Steel: Rising Prices and What to Expect
The cost of steel is steadily rising, and it's an issue that every metal building manufacturer should be dealing with. As the price of steel continues to rise, more customers are looking for alternatives- but they're hard to find. We're going to look at how this change in prices affects metal buildings across the country, and what you can do about it. Overview of the Steel Industry The steel industry started in the 1850s when it was still mostly an artisanal trade centered in Great Britain. Back then, the production process took a lot more time and energy than today's methods- but that also meant they didn't have to worry about fluctuating prices too much either. As steel became increasingly important for infrastructure projects, such as bridges and dams, demand skyrocketed thanks to World War II. This led industry leaders like US Steel Corporation to rise up with new technologies, making the entire process cheaper. The 1950s saw companies finally adopt these techni...