Finkl Steel, a subsidiary of the SCHMOLZ + BICKENBACH Group, will increase prices by $0.03/lb. USD for all new orders booked on or after January 1, 2019. This price increase will be effective for all products ordered from all Finkl Steel production facilities.
According to Art Smoljan, Vice President of Sales and Marketing for Finkl Steel, âThis price increase is necessary to partially recover continued inflationary cost increases the Company experienced throughout the past year.â? Smoljan also said, âWe continue to work hard on productivity and manufacturing efficiency improvements to help offset these cost increases to continue to provide exceptional value to our customers.â?