Spinweld just learned steel mill runs have pushed out from standard 8 to 12 weeks to now 12 to 16 weeks. The scarcity of metals, reduced mill capacity, and an increase in manufacturing production helped create these issues. Mills that were shut down due to economic downturn are not yet up and running or are struggling to get back online. The end result is a delay in materials and price increases. Carbon and alloy material is holding pricing for now. Stainless Steel and Aluminum materials have already increased by $0.10 and plan to increase an additional $0.10 in June.
GET YOUR P.O’S IN NOW TO SECURE EXISTING & FUTURE ORDERS AND HEDGE PRICING!!
