I don't believe it would have gotten to that level, but of course I'm not an expert in the industry. With the administration in the United States putting out the threats that would allow the supply and demand of steel in the United States to fluctuate and alter, the steel manufacturers have had the opportunity to increase prices. I didn't believe they would increase as much as they have, but you probably would have seen a fair percentage of this 28% due to the tariffs and the trade initiatives that are going on. The tariffs were put in place by the administration to allow the steel industry in the United States to expand capacity. They have not expanded capacity; all they've done, based on supply and demand, is increase the prices. It has been extremely significant. As I mentioned, on top of that, we're now looking at the 25% reciprocal tariffs that we have to deal with. So it is significant.
On October 23rd, 2018. See this statement in context.