News and Special Announcements
Effective: June 21,2021
Price Increase Announcement Effective:June 21,2021 Effective May 1, 2021, China announced the cancellation of tax rebates in the amount of 13% for 146 steel products. Accordingly, effective June 21st, Matco-Norca will implement a 13% list price increase on the product categories identified below.
PRODUCT CATEGORY INCREASE %
Chinese Malleable Iron Fittings (150# & 300#) 13%
Carbon Steel Nipples Sch. 40/80 (Welded & Seamless) 13%
Pre-Cut Pipe 13%
Chinese Steel Merchant Couplings 13%
Stainless Steel Nipples (304 & 316) 13%
Stainless Steel Fittings (304 & 316) 13%
Compression Couplings 13%
Cast Iron Fittings 13%
Dielectric Unions 13%
Dielectric Nipples 13%
Cast Iron Specialties 13%
Boiler Headers 13%
Orders shipped from our facility on or before Monday June 21st, 2021 will be shipped at current pricing. Matco-Norca reserves the right to limit orders to historical order patterns, and to alter pricing for backorders shipping after June 21st reflecting new list prices.
All list prices will be updated shortly and can be found at http://www.matco-norca.com/prices. Net price and multiplier revisions will be communicated directly.
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