This is probably the beginning of stagflation, mark my words. I don't see how anybody can keep a business going when something like this crappy 10' piece of 2 1/2 x 3/16 tubing costs $130 F'n Dollars.
I have quite a bit of steel on the rack, bought when prices were real. If it were not for that stuff, I wouldn't be making anything. When your steel starts to cost more than your welding equipment, it's time to hang it up.
Job numbers were poor last week, lagging expectations. The coneheads chalk it up to Covid. I think they're wrong. Inflation is trickling down to affect all business enterprises. This is unsustainable.
Anyways........I guess the work starts tomorrow.
6 stands, at retail price, would run around $480. With the steel prices today, I'm going to be lucky to come in at slightly above 2/3 that cost.
130 steel
45ish threaded rod
40ish Acme nuts
and this doesn't take into account the 2" 11ga tubing off the rack, if I were to pay for it at today's prices.
THIS IS BULL$#!^
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