Dear Valued Customers,
Due to global geopolitical events, many of the raw materials used in the production of our cutting tools have experienced unprecedented increases in pricing. Specifically, our manufacturing inputs such as tungsten carbide, copper‑based braze, and other consumable supplies have been affected. This has created a volatile situation, with increases of up to 80% in our costs over the last six months.
We are now in a position where pricing adjustments must be made immediately, and we reserve the right to make further adjustments as necessary.
More information on this challenging situation can be found online by searching terms such as “carbide pricing news,” “export controls of rare earth materials,” or “APT tungsten pricing.”
As always, we will do our best to absorb these costs to ensure smooth business operations for our customers, but we will be forced to make adjustments as needed. Our aim is to continue providing you with quality products and services at competitive pricing for many years to come. We greatly value your business and patience in this matter.
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