this post was submitted on 07 Nov 2024
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Is the owner of the company purchasing a year's worth in order to keep the price they charge down, or in order to raise prices in February when their customers expect it because of the new tariffs, and pocket the difference? While having avoided paying bonuses?
Obviously I don't know the business in question, but it's quite possible that the company has a bunch of longer running contracts that would become a loss if the inputs become much more expensive.
Of course, businesses will use the opportunity to charge more, but sudden price hikes are a very real problem.
I want to hope that it's this
I sell steel, and we have been telling everyone to buy as much of their estimated annual usage as possible right now in order for us to hold the pricing, especially if it isn't mill runs and double especially for exotic alloys.
It's going to fuck over so hard the small machine shops that are prevalent everywhere that just do whatever jobs get called out and don't really have the sway or size to be able to negotiate a better deal.
The same machine shops that were flying Trump memorabilia.