Metalmasters is a full service warehouse and service center delivering all aspects of the metal, fabrication & manufacturing industry!
From Sheet Coil to Tubing, you can count on Metalmasters from your very first order! We pride ourselves on delivering service & quality to every customer, every time!
QUOTES & DOCS
Get a complimentary quote from Metalmasters today! All documents are just a click away and downloadable in PDF format!
How We Got Here
Given demand uncertainty during early COVID lockdowns, domestic steelmakers curbed capacity as manufacturers closed facilities and many service centers reduced inventory. Idling over 50% of domestic production, the domestic supply chain depleted throughout the remainder of 2020 resulting in production challenges, extended lead-times and lean inventories throughout the market today.
After the lockdowns, factory reopening and a shift in consumer spending caused a sudden spike in steel demand. With a pent-up need for cars, residential construction, appliances, equipment and machinery, steel supply has become very tight across the domestic and global market. Steelmakers slowly restarted some of the idled production, however orders outpaced supply, setting the stage for the current market conditions.
The Industry Today
We are currently in an unprecedented flat rolled steel market. Demand is recovering, supply is still tight, and pricing has hit all-time highs (since 2008). Residential construction has been a key driver to demand recovery, backed by low mortgage rates and the change in people’s lifestyles. Domestic production is starting to recover, but continues to lag behind pre-pandemic levels.
Compounding the supply issue is new leadership across the landscape whose priorities may differ from those of the past. As these mills are looking to better manage their order book, lead times are extending, spot availability is close to non-existent, and contracts are on allocation. Increasing raw material costs with limited imports has led to prices climbing at an accelerated rate over the last few months.
The United States has the highest cash in circulation since World War II. That money is expected to be spent as COVID fades. Historically, pent up cash has led to economic booms. If the pattern holds, and we expect it will, demand for steel intensive goods will remain high. As consumer spending returns, vaccinations accelerate, and states continue to reopen, GDP forecasts for 2021 have been revised upwards from 4.5% to 5%.
Those who have been in the steel industry are familiar with managing various market cycles, however this one feels different. Fundamental shifts to the supply side will most likely result in changes for the foreseeable future. There is new leadership at major domestic mills, a renewed focus on longer term value, and further consolidation and rationalization of integrated production as new mini mills come online.
We do not predict pricing peaks, yet knowing that input costs are still high and supply remains very tight, we do not expect prices to experience as sharp of a correction as in previous market cycles. In this current environment, it is particularly important to align with partners who can support your material needs with proactive communication.
Things To Watch For
Mill lead times remaining extended and inquire only
Changing supply landscape
Policy decision by the new administration impacting trade, production, and demand
The influence of China on the global market
39 YEARS IN BUSINESS
For over 38 years Metalmasters has been operating on Long Island. Our knowledge of the local and surrounding area's markets are unrivaled. Due to our years of loyal service to our customers, we have grown into the company we are today. Owning our fleet and having the "Decision Makers" right here in our office gives us the cutting edge ability to deliver products faster and at a more competitive price than larger "corporate" owned companies. The same values and dedication to excellence we started with over 38 years ago still stands strong today, and always will. That is our promise!
We have a broad and diverse range of metals and most of our sales staff have 20 - 30 years of experience each working with many different types of metals to provide you with the service and knowledge you're looking for!
We Run Our Own Fleet Of Trucks.
A WORD FROM OUR CUSTOMERS
As a third generation tin-knocker, this business is in my blood...both figuratively and literally. I can honestly say that after over 3 decades of being a customer, Metalmasters is a company that far surpasses so many others in this over saturated NY market. Rich, Rick and the entire team at Metalmasters spew integrity, honesty, reliability, flexibility and most importantly...knowledge. However, it is the side of laughter & sarcasm that comes with each order, that has made us friends. We proudly recommend them each and every chance we get!
ITP has been doing business with Metalmasters for many years. Rich & Rick have treated my company like family, we work together daily! The communication provided from Metalmasters is exactly what I need to run my company & have it perform the way it does. Both Rick & Rich have gone far & beyond to make business flow smoothly with excellent prices! To sum it up, doing what you're supposed to do goes a long way and that's exactly what Metalmasters does. Thank you from all of us at ITP.
As a Foreman for a large construction company, timing is everything. Being able to pick up the phone and speak directly to a person every time I call is a BLESSING! Rich and his staff are truly incredible. I know I can always count on them, they are on top of every detail and have first hand experience and knowledge of the industry. Metalmasters will always be go-to supplier!
We have been doing business with Metal Masters for over 20 years and we have never had any issues with product quality, deliveries or invoicing. They have also come to the rescue many times when we have a rush job with a special metal requirement! They are our "go-to" guys.
In English …
I am a long term customer with mastermaster, they have best customer service in steel industries . they can answer any question I asked. Very good price . Also, they have salesman who can speak Chinese . and early delivery, most of the time before I open.
For any inquiries, questions or Recommendations, please call: 631-737-1333 or fill out the following form.
2090 5th Avenue
Ronkonkoma, NY 11779
Toll free: 800-649-2208
Local phone: 631-737-1333
Fax number: 631-737-1177
Hours for pickup: 8:00 AM to 3:30 PM
To apply for a job with Metalmasters, please call us directly - 631.737.1333