Supply Chain Update 5/3/2021

As mentioned in previous blog posts, our experts at Fasteners Direct are doing everything we can to keep our customers informed in regards to changes occurring with the supply chain and recent price increases.

The following graphs and charts show pricing changes occurring the steel industry over the last few months and have not shown signs of slowing down. While we do not have a strong indicator as to when prices will drop back down to normal, it is important to mention that this will not last forever.

Make sure to stay in contact with your hardware suppliers and to lock prices in early if you can. Fasteners Direct is staying in constant contact with our customers keeping them informed on their orders and helping them plan out inventory over the course of the year.

If you have any questions or are concerned about product shipments, please feel free to reach out to our experts and we will be happy to assist you.

(Aluminum Market 4/19/2021)

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