Important Notice: Steel Orders and Pricing - Price Increase Letter

As a valued customer, we wanted to reach out to you directly about an important matter regarding our steel products. Due to recent changes in market conditions and rising costs of production, we will unfortunately need to implement a price increase on our steel products starting September 1st, {{ current_year }}. We greatly appreciate your business and loyalty, so we wanted you to be informed about this change as soon as possible.

Why the Price Increase?

As you know, the steel industry has been under a great deal of strain in recent years. The fluctuation of pricing in raw materials and increasing production costs have forced us to reassess our pricing and make changes. We have done everything in our power to minimize the impact of these changes to our customers, but we find it necessary to increase our prices to continue providing the same level of quality and service.

How the Price Increase Will Affect Your Orders

Starting September 1st, {{ current_year }}, all new orders will be affected by the price increase on steel products. Any existing orders or quotes will be honored at the agreed-upon price for a period of 30 days following the effective date of September 1st. After this time period, all orders and quotes will be subject to the new pricing.

What Does This Mean for Your Tank Orders?

If you have open orders with us for steel tanks, please be assured that these orders will be fulfilled at the agreed-upon price. If a contract has been signed, the price in the contract will remain the same, but any new orders or renewals will be subject to the new pricing.

Download Our Price Increase Letter Template

We understand that a price increase can be an unwelcome change, but we value your business and remain committed to providing you with the highest quality products and services. To ensure that you can communicate the pricing change to your customers effectively, we have created a price increase letter template for your convenience. Visit BizzLibrary.com today to download our professionally designed template in DOCX format.

Our easy-to-use template includes all the necessary details and language to communicate the price increase to your customers while maintaining a professional tone. You can customize it to suit your business needs, add your logo, and address the letter directly to your customers.

Thank you for your trust and understanding. If you have any questions or concerns, please don't hesitate to contact us.