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. |
Superhawk996 |
Jul 13 2021, 04:11 PM
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#4
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914 Guru Group: Members Posts: 6,598 Joined: 25-August 18 From: Woods of N. Idaho Member No.: 22,428 Region Association: Galt's Gulch |
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. When we disrupt the global supply chain, shut down businesses, and then print Trillions of dollars of stimulus we shouldn’t be surprised that prices rise as a result. |
dirk2056 |
Jul 13 2021, 05:18 PM
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#5
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Member Group: Members Posts: 95 Joined: 31-July 17 From: cincinnati/Eastside Member No.: 21,304 Region Association: Middle East |
(IMG:style_emoticons/default/agree.gif) You have not brought up fuel or labor, shipping rates!!! Then the ugly taxes yet to come !!
Hang in their Boys you all provide great service to 914 world Thanks (IMG:style_emoticons/default/flag.gif) |
mb911 |
Jul 13 2021, 05:53 PM
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#6
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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 |
(IMG:style_emoticons/default/agree.gif) You have not brought up fuel or labor, shipping rates!!! Then the ugly taxes yet to come !! Hang in their Boys you all provide great service to 914 world Thanks (IMG:style_emoticons/default/flag.gif) I will be fine as I also have a day job and I can still make oil tanks and will make a run of engine sheet metal in August ish. My stainless parts are at risk of being a very special order item. That worries me as I am very happy with the product. Ain't getting rich here that's for sure buy I enjoy doing this and just trying to navigate this BS lol. |
worn |
Jul 13 2021, 07:41 PM
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#7
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can't remember Group: Members Posts: 3,373 Joined: 3-June 11 From: Madison, WI Member No.: 13,152 Region Association: Upper MidWest |
(IMG:style_emoticons/default/agree.gif) You have not brought up fuel or labor, shipping rates!!! Then the ugly taxes yet to come !! Hang in their Boys you all provide great service to 914 world Thanks (IMG:style_emoticons/default/flag.gif) I will be fine as I also have a day job and I can still make oil tanks and will make a run of engine sheet metal in August ish. My stainless parts are at risk of being a very special order item. That worries me as I am very happy with the product. Ain't getting rich here that's for sure buy I enjoy doing this and just trying to navigate this BS lol. Can’t you cut up some Deloreans? Yeah, I bet even scrap is out of sight. We had to give people money cause they were out of work no fault of their own,, lots of money floating around along with decreased production… |
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