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: 7,369 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. |
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