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Soaring Steel Prices: What can Door Dealers Expect?

By Amy Campbell
05/09/2008
Continued from page 4

I have never seen a marketplace where there was free enterprise and free competition that failed. We’re going into a period of economics and the way the government is getting involved that I’ve never seen before. I see a big slowdown, which is already starting to happen, over the next to six to eight months.

Wright: What we think is going to happen is these steel companies will take full advantage of this current marketplace. They’ve created somewhat of a supply issue themselves. What I think will happen, come fourth quarter this year, hopefully fuel and oil will come down a bit and that offshore market will be one our vendors can seek again to keep our domestic suppliers honest.

This story was reprinted with permission from Inside Self-Storage, the premier magazine of self-storage professionals.

 

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