Steel prices. Ugh |
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Steel prices. Ugh |
mb911 |
Jul 13 2021, 01:39 PM
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#1
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914 Guru Group: Members Posts: 7,370 Joined: 2-January 09 From: Burlington wi Member No.: 9,892 Region Association: Upper MidWest |
Been fighting this all year and it's getting worse. The stainless I use in my products is mostly out of stock until the end of the year. The prices have gotten out of control and it now costs me to sell anything I sell. I have filler metal on order that has been on order for 24 weeks now. I am going to be forced to raise prices but I am fearful that will be the end of my business as that will likely price most folks out of my products. I even considered doing a hybrid muffler with steel internals and I can't even get that. I am fortunate to have some inventory for quiet mufflers but my cheaper mufflers are likely a thing of the past. The quiet mufflers at current inflation rates will be over $1000 to even make 5%.
What is everyone else seeing? I hope to weather the storm but wow crazy times. |
dr914@autoatlanta.com |
Jul 13 2021, 02:17 PM
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#2
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914 Guru Group: Members Posts: 8,110 Joined: 3-January 07 From: atlanta georgia Member No.: 7,418 Region Association: None |
amen brother, going to have to raise the prices on all of the rust repair parts and steel flares we make crazy. hopefully like lumber it will eventually go down again, Ben
Been fighting this all year and it's getting worse. The stainless I use in my products is mostly out of stock until the end of the year. The prices have gotten out of control and it now costs me to sell anything I sell. I have filler metal on order that has been on order for 24 weeks now. I am going to be forced to raise prices but I am fearful that will be the end of my business as that will likely price most folks out of my products. I even considered doing a hybrid muffler with steel internals and I can't even get that. I am fortunate to have some inventory for quiet mufflers but my cheaper mufflers are likely a thing of the past. The quiet mufflers at current inflation rates will be over $1000 to even make 5%. What is everyone else seeing? I hope to weather the storm but wow crazy times. |
Johny Blackstain |
Jul 13 2021, 02:33 PM
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#3
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Walnut Elite Stratocaster player Group: Members Posts: 3,434 Joined: 5-December 06 From: The Shenandoah River Member No.: 7,318 Region Association: MidAtlantic Region |
amen brother, going to have to raise the prices on all of the rust repair parts and steel flares we make crazy. hopefully like lumber it will eventually go down again, Ben Lumber went down? Where? Remodeling my guest bathroom on the cheap has gone out the window. Everybody is using the covid excuse to raise prices. |
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