Webco Passes on Higher Costs, Increasing Sales

Tube producer Webco Industries says it has successfully been able to pass on higher costs to its customers in the form of higher prices, allowing it to increase sales in its 2022 fiscal year fourth quarter ended July 31, 2022.

During the quarter, Webco experienced volatility in the price of its raw materials including carbon and stainless steel sheet coil. The company was also hit with increased costs for non-steel supplies, operations, freight services, and labor.

Sheet

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

Laura Miller

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