Happy Holidays
Comments Off on Happy HolidaysHard to believe that 2021 is coming to a close and 2022 will be upon us shortly. It is a time to reflect on the past while at the same time, pondering the future. It is also a time to gather with family and friends. To that extent, Rathbone will be closed for the holidays […]
Rathbone Precision Metals Announces Price Increase
Comments Off on Rathbone Precision Metals Announces Price IncreaseNovember 5, 2021 Dear Valued Customer, Due to the change in market conditions and the global business climate, Rathbone Precision Metals is announcing a price increase effective with all orders shipped after January 1, 2022. Prices will be increased 8 to 10% on average. The increase is necessary given our increased costs and inflationary pressures […]
Lead Times Extended 2 Weeks
Comments Off on Lead Times Extended 2 WeeksIf you recall, in my last blog, I advised all that Lead Times are on the rise and to get your orders in sooner than later. Kudo’s to those that listened and sent in their orders. To those of you that have waited, well…..it’s not looking good. Rathbone is currently extending the lead time by […]
Waiting only makes it worse!!
Comments Off on Waiting only makes it worse!!The talk of the town last year at this time was the Covid Virus and while it is still a topic, supply chain/logistics issues is the current challenge for most companies today. While we all have supply/logistic challenges, the award probably goes to those companies who have container/product on the Ever Given, which is still […]
Challenges of 2021 Continue
Comments Off on Challenges of 2021 ContinueWhile the 1st Quarter of 2021 has come to a close, the challenges of the cold work industry continue. The costs of raw material and associated surcharges continues to climb. In addition, the lead time to acquire raw stock is extending along with some grades not being available. We continue to expect raw material lead […]
Cold Draw Raw Material Prices on the Rise
Comments Off on Cold Draw Raw Material Prices on the RiseHope everyone’s 2021 is getting off to a good start. As I had mentioned previously, I was hearing rumblings of price increases in the metal market and suggested people get their orders in. Well, the rumor mills were right as I have already received about a half dozen notices of price increases. I can only […]