Tag: steel price

Construction Processes, Financial, Procurement

Caterpillar had to raise prices in light of tariffs last quarter

July 26, 2019

Via: Construction Dive

The steel and aluminum tariffs imposed in 2018 had a significant effect on Caterpillar, with Bonfield last year citing material costs up 2% due to higher steel prices, but the effects appear to be stabilizing now. “It’s now been a […]