Price increase on aluminum effective March 28, 2022
The aluminum market remains extremely tight globally as energy costs continue to rise and pent-up demand from the construction, automobile and packaging industries continue to strain the supply chain. Therefore, Petersen Aluminum is announcing a forthcoming price increase on its aluminum products.
Effective March 28, 2022, Petersen Aluminum will increase prices 8% on all aluminum products. Orders will be invoiced at the price valid at the time of shipment. This information is being shared now to provide customers with enough notice to properly include this increase into their future bids. Read vice president Mike Weis’ letter here.
