Steel costs have surged due to lagging production and rising demand during the post-COVID economic recovery. Rising costs are being passed down to distributors, who then pass them down to customers, in turn threatening ongoing demand with too-high prices. In 2020, manufacturers faced their most challenging year as it relates to pricing and profitability, and 2021 is proving to be equally challenging, fast-moving and unpredictable. How can manufacturers keep pace with uncertain, volatile market conditions while maintaining volume and margin?
With the continued growth and evolution of Advanced Manufacturing International, Inc. (AMI), the