Manchester Tank Announces 15% Price Increase on Coil Steel Product Families
January 4, 2021
Franklin, TN — January 4, 2021. Manchester Tank announces price increases of 15% on all its major coil steel-based product families, including but not limited to DOT Steel Propane Cylinders, Steel Forklift Cylinders, Fire Suppression Cylinders and Air Receiver vessels. Changes are effective immediately with all new orders received on or after January 4th, or as contracts allow.
“Steel pricing remains extremely volatile. Coil steel has continued to increase at rapid and unprecedented levels resulting in the need for additional price increases incremental to those announced in November,” said Brendan Dillmann, Sr. Vice President of Sales & Marketing for Manchester Tank. “We will continue to monitor the steel markets closely and adjust prices for impacted product families as needed going forward.”
About Manchester Tank
Manchester Tank & Equipment Co. has been a trusted industry leader in the design and manufacture of steel and aluminum low-pressure DOT cylinders and ASME pressure vessels for the storage and transport of propane, chemicals, compressed air and other industrial applications since 1946. Today, our company remains dedicated to its long tradition of excellence and is committed to our vision of finding a better way. We do this by bringing value to our customers every day, seeking continuous improvement in everything we do, and being the best company to work for.