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. |
TheCabinetmaker |
Jul 13 2021, 04:06 PM
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#2
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I drive my car everyday Group: Members Posts: 8,325 Joined: 8-May 03 From: Tulsa, Ok. Member No.: 666 |
Last year, l was giving 30.00 a sheet for cabinet grade plywood. That same sheet now cost me 110.00! Soft maple had gone from 2.39 a board foot to 5.88! I don't even ask what they want mahogany or walnut.
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jd74914 |
Jul 14 2021, 02:20 PM
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#3
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Its alive Group: Members Posts: 4,818 Joined: 16-February 04 From: CT Member No.: 1,659 Region Association: North East States |
Last year, l was giving 30.00 a sheet for cabinet grade plywood. That same sheet now cost me 110.00! Soft maple had gone from 2.39 a board foot to 5.88! I don't even ask what they want mahogany or walnut. Yep-and cabinet ply isn't even the worst. A buddy who lives in NH was telling me about seeing $90 sheets of 3/8" ply sheathing. (IMG:style_emoticons/default/wacko.gif) At least around here the hard wood prices haven't gone up much. Maybe 10% which is surprisingly low. |
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