Date: January 8th, 2026

Dear Valued Customers,

On Friday December 12, 2025, the Department of Finance Canada announced a 25% tariff on the full value of steel derivative products entering the country from around the world. With the new tariff announcement importers of steel products are now paying the 25% tariff effective December 26, 2025. Based on the review of HTS Codes the following increases will be necessary in 2026.
 

Price Adjustment:

• Effective February 9, 2026, Grabber will implement a price increase of 10% on the following product categories
• Effective August 3, 2026, Grabber will implement an additional price increase of 10% on the following product categories

Product Categories

• Grabber and Scorpion Screws (Bulk and Small Pack)
• Grabber Collated Screws