Metal Prices

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Iowa Taco

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Can someone explain what I'm missing with the steel/aluminum price increase?
This is the steel price per pound index:

Screenshot_20180831-193919.png


Prices have gone up recently but are lower than the past six years

Here is aluminum price index:

Screenshot_20180831-193944.png


Aluminum makes sense but is still close to price in 2014.

Are tariffs actually effecting prices? Or is this just companies using it as an excuse to increase price?
 

Iowa Taco

✓ • Gold
Messages
136
Upvotes Recieved
137
Location
Iowa
First Name
Zach
Truck Year
2018
Truck Color
Quicksand
Truck Grade
Off-Road
Cab & Bed
Double Cab, Long Bed
Transmission
Automatic
T3G Member
#679
Status
Not open for further replies.
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