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Steel costs spur Wheatland fence framework hike

Keywords: Tags  Wheatland Tube, fence framework, price increase

NEW YORK — Wheatland Tube Co., part of Chicago’s JMC Steel Group Inc., hiked fence framework prices by 5 percent effective Jan. 7, according to a Jan. 3 letter to customers.

"Due to increasing demand in the automotive and construction markets, steel coil inventories have been shrinking while lead times are pushing out. As a result of this increased and sustained demand, the cost for flat-rolled steel continues to escalate," the Sharon, Pa.-based company said.

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