DENTON, Texas, Jan. 14, 2013 /PRNewswire/ -- RHINO Steel Building Systems, Inc., a leader in the prefabricated metal building market, is announcing a price increase effective January 26, 2013. The price rise is due to a surge in raw steel costs from the company's steel suppliers.
RHINO will lock-in current pricing for any metal building orders placed by January 25, 2013, provided delivery is not delayed by the customer. Normal delivery time on RHINO orders is six-seven weeks from order date.
The price rise is expected to be about 3% across the steel industry. Experts predict this may be just the first of several increases over the coming year.
Higher scrap steel prices and increased demand are cited as some of the reasons for the price hikes by steel suppliers.
Conservation of natural resources requires recycled steel be used in the production of all new steel. Consequently, when scrap steel costs rise, so does new steel pricing.
RHINO's steel framing, for example, averages about 89.5% recycled steel content. The recycled steel comes primarily from junked automobiles, steel cans, and discarded household appliances. However, recycled steel may also include dismantled steel bridges, old railroad cars and rails, or even junked ships and submarines.
ABOUT RHINO STEEL BUILDINGS:
RHINO Steel Building Systems, Inc. ships quality prefabricated metal buildings to all 50 states, Canada and Mexico. Their steel buildings are guaranteed to meet or exceed all local building codes for the lifetime of the steel structure. RHINO metal buildings are used for metal barns, stables, covered and indoor horse riding arenas, pavilions, aircraft hangars, offices, retail stores, personal storage and mini-storage units, industrial and manufacturing facilities, steel commercial buildings, warehouses, personal workshops, suburban hobby shops, recreational structures, churches, RV garages, as well as mechanic, machine, or welding shops. For more information please visit http://www.rhinobldg.com or call RHINO toll free at 888.320.7466.
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RHINO Steel Building Systems, Inc.
SOURCE RHINO Steel Building Systems, Inc.