Stainless style: Steel becoming ever pricier

Bradenton Herald | 09/12/2004 | Stainless style: Steel becoming ever pricier: “The price of stainless steel has risen as much as 60 percent in the past year, reflecting a shortage worldwide due in large part to demand for the metal from fast-growing China. Wholesale steel prices continue to rise, with one major maker just last week announcing another round of 3 to 6 percent price increases.

That higher cost, in turn, is increasing appliance prices anywhere from 1 to 10 percent.”

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.