Price increase on steel effective May 1, 2023
Raw material costs from domestic steel suppliers are increasing, and therefore Petersen Aluminum is implementing a price increase on the following products effective May 1, 2023:
• Steel coil, flat sheet and panels: 3%
• Steel clips: 3%
New pricing will be shared in advance of the increase effective date. As with past increases, all products will be priced at the time of shipment. To receive pre-increase pricing, orders must ship before May 1. Petersen anticipates continued raw material cost pressures which could result in additional price increases over the coming months. Customers will be adequately informed of any future increases.
Read Vice President Mike Weis’s letter here.