Over the past 90 days, the price of steel that Dallas-based DFW Grating buys from domestic mills to fabricate bar and plate grating has nearly doubled. C. Scott Netherton, DFW Grating’s Vice President of Business Development, added that steel distributors are scaling back their inventories unless they are sure they have a buyer.
“We’re not happy with the current situation,” said Netherton, meaning the uncertainty surrounding tariffs imposed on steel and aluminum imports that have rattled the U.S. market, where prices on some products had been rising since late last year.
