18 May 2018
In response to customer feedback received after the issuance of our May 8th letter, we’re facilitating the pass through of our non-copper materials costs, addressing the need to be administered at a line level in order to ease the pass through to end users.
We appreciate that a need to increase prices is understood, considering the headwind specifically on steel, aluminum, zinc, as well as the additional freight costs now in play. To make this as seamless as possible across all current systems, we’re addressing the approximate $10/1000ft surcharge directly into each cable line item purchase price by adjusting our list prices by approximately $30 to accommodate the calculation. The additional pricing will also be viewed as part of overall sales dollars purchased.
New list price sheets to facilitate this change are available here. Please reach out to your Inside Sales Manager or Regional Sales Manager if you have any questions.
The effective date for the implementation of the adder is May 25, 2018.
Again, we thank you for your cooperation, understanding and support. Our bullet points below, continue to apply, and remain for your review.
Steel Costs Near Record Highs
Aluminum is up over 50% since September 2016
Zinc has more than doubled since 2016
Freight (not including fuel surcharge)