Home > Steel Tariffs
If you are on the fence about purchasing a fireproof file cabinet or safe, now is the time to buy.
We only sell commercial grade safes and file cabinets, and that means we use a lot of steel. Although the recent announcement of steel tariffs impacts imported steel, domestic steel manufacturers are raising prices as well. We received the announcement below from FireKing.
"The recent announcement by the US administration on tariffs has forced us to evaluate pricing. FireKing only uses high quality steel made in the United States but US mills have dramatically increased pricing. Our steel prices have increased over 30% since the first of January. We are facing supply shortages and we will continually be faced with more increases in prices throughout the end of the year. The suppliers are predicting increases of at least 12-15% more in the second half of the year. FireKing is implementing a price increase ranging from 10% - 12% depending on the product."