The
steel prices below reflect mill prices for master coils (typically
60" wide). This does not include mill charges to maintain specific
Rockwell, hardness or finish specifications.
The price also does not include charges from service centers to
slit the steel and perform other operations. The master coils must
be slit to the end user specifications, (for example, the service
center will slit the master coils to smaller coils 1.5" wide).
For example, when the benchmark is showing steel at $30 CWT ($0.30/lb)
the end user would typically be paying $38 - $40 CWT ($0.38-$0.40/lb)
depending on the processing required by the service center, the
volume of material being purchased by the end user, and the specifications
of the material.
These prices also do not include freight from the processing center
to the end user.
These prices are provided as a benchmark to show cold rolled steel
market trends. Since the primary material used in the manufacturing
of drawer slides is cold rolled steel, decreases and increases in
steel price have a significant impact on the cost of goods sold
and the selling price of drawer slides.