Die Casting Alloy Materials Are Crazy. I am getting calls from the customers of my competitors asking that I quote a part price. I always refuse to quote because my competitor is facing the same material cost increases I am facing. Some die casting materials, like za27, are not available today. I will have to wait a few weeks for material. I’ve never seen this before.
In the past, prior to 2020, the die casting metal alloy prices were like gentle waves on the ocean, they go up, they come down. I have always ridden the waves in the past by not increasing or changing the part prices for material increases. But I can’t ride the increased material costs anymore.
Today, the cost of aluminum alloy for die casting increased another $0.05 a pound. Zinc alloys have risen similarly. That is an increase that I have never seen in my 30 years in business. My customers will also unfortunately have to pay a higher part price Or I cannot supply them the parts.
If you have a good supplier, pay the higher part cost. They cannot avoid the cost increases. Die Casting Aluminum Alloy Prices in March 2022 are Crazy.