Steel prices have dramatically increased over the last six months and continue to escalate.

JADCO has been able to minimize these increases to our customers by proper forecasting our raw material needs and supply chain management.

One of JADCO’s core beliefs is: ‘An educated consumer is our best customer’.

When you understand the differences in steel wear plate, and why one lasts longer than another; it becomes an easy choice for you to invest in the product that delivers longest life in your toughest wear applications.

The following statement is from an article in the January 9, 2021 issue of Industry Week. It provides an idea of what the wear plate industry can expect in the first and second quarter:

‘In the short term, price quotes will have a short time frame due to steel price fluctuations.’

Steel Giants Boost US Prices Again in Bet on Resilient Demand

Nucor, ArcelorMittal and NLMK announce price increases.

Nucor Corp., the largest U.S. steelmaker, raised prices for a fifth time since late October, adding to signs of a rebound in the industry; as the world’s top producer ArcelorMittal also announced price increases.

What Does This Mean For JADCO Customers?

While we’ve been somewhat insulated from these fluctuations, the stagnant prices will not stay forever.

The quick answer is higher wear plate prices than you saw last fall.

Here is one important change due to the unpredictable steel price swings:
Our price quotes are valid for the time listed on your quotation.

JADCO Chromeweld Family of Products: Our industry leading Chrome Carbide Overlay wear plates includes seven different varieties. One is certain to be perfect for your most challenging applications.

JADCO QT Plus ® ready to ship for your impact and abrasion applications.

Should You Take Action Now?

Indications from our USA steel mill are price increases will continue for the near future.

If you have upcoming planned outages for maintenance and upgrades we recommend placing your order(s) now to avoid additional budget busting increases later.

For the last 40 years we have focused exclusively on delivering consistent, longer life for our customers.

Now you understand why we deliver better results for our customers. We think differently by focusing only on your results.

Allow us to help you today by calling (724) 452-5252, or email sales@jadcomfg.com.

We will schedule a meeting with one of our local wear plate specialists at a time that best fits your schedule.

Remember, the only thing you have to lose by not working with JADCO, are your profits.

When your AR wear plate gives out, give JADCO a shout! (724) 452-5252