Bullish CB from our CEO. I work in commercial kitchen ventilation
Posted Apr 23, 2021, 5:43 PM UTC
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pRiCeD iN!!1!
really though, thanks for sharing. Always nice to see confirmation from the buyer side of the market that things are still tightening up
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The fire rises
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🏗🏗
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Confirmation bias!
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Thank you for sharing !
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Thanks for sharing
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Thanks for sharing!
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This is perfect! Keep us updated if anything else comes up 🥳
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For sure. I’ve honestly been anticipating this info from our company for a while now. And surprised it’s taken this long to say anything. We rely heavily on finished metals and we are a leading manufacturer in our industry. I expect more updates.
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Dear lord I wanted to buy an offset smoker this year with tendiesn, I guess prices are gonna go up
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Well IMO, get it sooner than later so you can start selling dank BBQ as a side hustle and put that $ right back into steel stocks!
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Honestly this level of demand I think looks bad. If it's to the point of significantly slowing down businesses then it looks like that either A. The market as a whole slows down and there's less growth or B. To prevent/lessen a market slowdown the tariffs get removed.
Either way it's not great for domestic steel companies.
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I still think it’s good for them though right? If they’re selling everything they can produce and future commitments at prices much higher than normal, even if there was an inflow of more inventory, they’re still experiencing above average volume and profit. This still sounds like a good “problem”.
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The more demand outweighs supply the more customers are going to look elsewhere.
This is the part where someone innovative comes in and develops a solution to substitute it. Or refines production
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Thanks for posting! Appreciate it!
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Sup gang. 1st time posting. I work in the commercial kitchen ventilation industry for a dominant manufacturer. This came in today from our CEO. We build kitchen hoods, HVAC products, and ductwork. We use a ton of stainless and galvanized. Sales are picking up quickly this year for us and across the industry. I’ve also heard from several other manufacturers of price hikes and extended lead times. Enjoy. Hope i didn’t break any rules. Let me know if there’s a better way to share.
Dang...never have I thought confirmation bias could be so sexy but that 1980 market comment is money! Let's keep ridin!