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. |
Root_Werks |
Jul 13 2021, 02:43 PM
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#2
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Village Idiot Group: Members Posts: 8,512 Joined: 25-May 04 From: About 5NM from Canada Member No.: 2,105 Region Association: Pacific Northwest |
There was a bit of news stating some lumber prices will start to go down a bit, but not for months, maybe a year.
Our house finaled earlier this year and holy lumber Batman! Glad it did as I wouldn't want to be in the middle of building right now. Can't really speak to metal other than some of the duct work I remember ordering took forever to get to me. Ordered a return plenum and 4 weeks later the vendor said "sorry, can't get it". Wound up building one from scratch. That was 4-5 months ago. Can't imagine how bad it is now. |
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