Steel nails are amongst the most quoted construction items, needed to combine elements otherwise unable to connect. Ranging in varieties, from size and shape to material, nails play a crucial role in holding pieces of wood and numerous other components together.
Depending on their size, type, and material, the price of nails could range from a penny to three cents each. On average, the typical 3-4 inch nail crafted from steel is priced at $0.01 – $0.03.
Nails that are larger in size, such as those that measure 6-8 inches, are usually more expensive to purchase. The exact cost of these nails can range between three and five cents per piece. However, the cost is subject to change depending on the material which it’s made out of. Steel nails are the most inexpensive, whereas those made from brass, aluminum, or copper will come with a higher price tag.
Those looking to purchase nails have the choice of several materials, each with its own corresponding price. Steel is the most budget-friendly option, but those willing to invest more may decide to consider nails crafted from aluminum, brass, or copper – all of which are slightly more expensive than their steel counterparts.
Recently, it has come to light that the price of nails has been steadily rising; this is primarily due to the pricey tariffs imposed on imported steel. As the cost of steel increases, so does the overall cost of nails. It’s a domino effect of ever-increasing prices caused by the external influences of tariffs.
In the months ahead, nails are estimated to keep increasing in price. It’s all due to escalating costs of steel, triggered by lasting tariffs over imported types. This indicates the cost of nails is likely to grow too.