As with any commodity, metal prices are influenced by a number of factors: mining and production costs, supply chain factors, tariffs, and more. Here’s a quick look at what drives prices of the metals that go into stampings.
As OEMs and aftermarket equipment companies tighten tolerances, manufacturers face the challenge of producing stamped parts that meet and exceed their customers’ requirements. Poor die design along with scrapped or reworked parts cost everyone involved time and money. It’s critical to get it right the first time and every time.