The Safe Experts Talk

Good advice about safes and security from people who know

Double Digit Steel Price Increase This Quarter!

By: Bo | March 20th, 2008

For those of you that have been watching the world market, you have seen how volatile pricing is.  In this world market, China seems to be absorbing massive quantities of steel as well as the raw materials to complete their infrastructure.  What does that mean for us?  Fluxuating steel pricing.  As a result the manufactures are raising the pricing on all safes.

As a result we at Dean Security Safe Co. are having to increase our price on most of the safe models.  There is however a couple of things that we can do different then our competitors; like we have the ability to bring in truck loads of safes at a better price so we can pass along those savings to our customers.  Another option we have to help keep cost down is, we sell a large volume of safes so therefore we can spread our overhead over more safes then some of our competitors.

There is some good news that comes out of this; Cannon Gun Safes is coming out with a new light kit in all Cannon and Traditional series safes.  Fort Knox has added some new colors to choose from, along with some new graphics.  Let us know if you would like a new catalog.  Also, Amsec has come out with a new size in the BF series, the 6636 (65.5”h x 36”w x 26”d) very good look.  I hope this gives you a little better understanding of what is going on in the safe industry, if you have any questions don’t hesitate to contact us.