Steel Surcharge

THE LATEST NEWS:

Steel Surcharge

 

 

April 5th, 2018

To our valued customers,

The intent of this notice is to inform all of our customers of the implementation of a steel surcharge for all incoming orders of Equipto products.

As you may be aware, a 25% tariff on imported steel and a 10% tariff on imported aluminum is now in place for those goods imported into the United States.

Equipto is proud of our American Made products; utilizing 100% domestically produced cold –rolled steel.  As a result of the import tariffs, the cost of domestically produced steel has already risen as much as 25%.  Our products are primarily made from steel and subsequently, the rising cost of the steel is more than we can financially absorb.

The following criteria is now in place;

New purchase orders received after May 1st, 2018 OR with a ship date after June 1st, 2018, are subject to a 7% surcharge applied to the net material price.

Equipto will continue to monitor the price of cold rolled steel and will adjust our pricing accordingly as the market changes.

We thank you for your support and value your business.

Best Regards,

Collin Straus  
​Vice President of Sales & Installations
Consolidated Storage Companies, Inc. dba EQUIPTO