I overheard John the other day telling somebody over the phone that stainless steel sheet costs had risen 40% in the last couple of months.
In this game you tend to price jobs individually and no two are ever really alike. A particular job priced now will have a materials increase of 40%, but would’ve been 40% cheaper a couple of months ago and will invariably be cheaper in the future.
Fluctuating prices just seem to be one of those things taken as a given. One of our suppliers mentions it to us and we may have a little grumble but we have to accept the fact and the same goes for a client when we tell them the same.
It’s a case of suck it and see from top to bottom.
The current price increase appears to have something to do with the price of nickel.
But the latest EU forecast looks slightly healthier.