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4 Benefits of Surplus Steel You May Not Have Considered

benefits of surplus steel

We all know by now that buying surplus steel could save you up to 40%. We also know that using surplus steel is a great way to add sustainability practices to your project. There are other benefits to using surplus steel that, after considering them, may seem like no-brainers.

Project Flexibility

One big benefit to using surplus steel in your next project is that most of what you need is likely readily available, just waiting to be purchased and put to use. What isn’t already available at your local surplus steel supplier can often be located and procured for you long before Prime steel can be ordered and shipped.

This immediate access to the steel you need means that your timelines for your projects can be much more flexible. You can move ahead with projects quickly, helping to stay on or ahead of schedule.

Many Options Come With MTRs

If you’re dealing with a project that requires certain specifications, you may believe that surplus steel is out of the question. Before you order Prime steel and have it shipped, ask your surplus steel supplier if the steel they have in stock comes with MTRs. You might be surprised to find they have plenty of what you need with mill test reports to go along with it.

Surplus steel with MTRs allows you to move forward with your project with confidence, knowing that the steel you’re using can be tracked and that the condition, grade, and durability of the material is backed with a report that came straight from the mill where the steel was made.

More Predictable Steel Prices

It’s no secret that steel prices can be volatile. One way to counter that volatility is to use surplus steel wherever you can. For the most part, surplus steel prices aren’t determined by the current steel market. Instead, they’re often stable enough to make long-term plans for several projects without too much variation in price.

That predictability not only helps you save money on your steel purchases, but also on the projects themselves. When you’re not stuck in a holding pattern waiting for the budget to be approved yet again due to changing material costs, you can move through projects at a quicker pace.

A Solution for Underestimated Costs

Most of the benefits listed here focus on choosing surplus steel for your project from the beginning. What happens if you’ve already started your project, only to discover that you severely underestimated how much everything would cost? This could be due to staffing issues, the previously mentioned volatile steel prices, weather delays, inspection issues—or a host of other snags that affect your budget.

One quick way to save some money and right the ship could be to use surplus steel wherever possible. With the very real possibility of saving up to 40% on your steel needs, you could be back on track before you know it.

When you’re ready to discover these benefits for yourself, contact Texas Iron and Metal. Our trained sales representatives are ready to help.