Pricing for round slugs

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gamble
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Pricing for round slugs

Post by gamble »

What would you charge for say 3" round slugs of aluminum 1/8"?

I was thinking $2-3 each but just lost the bid when someone else came in at $25 shipped for 20 pieces
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Re: Pricing for round slugs

Post by mdwalker »

I would be at $1.10 each plus cost of material. Not sure on current cost of aluminum because I don't cut much of it. That is based off of 3" circles.
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Re: Pricing for round slugs

Post by motoguy »

Looks like I'd be ~$1.46 each, as they come off the table. I've only cut AL once, but it appears the settings were good; I had insignificant dross.
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Re: Pricing for round slugs

Post by gamble »

motoguy wrote:Looks like I'd be ~$1.46 each, as they come off the table. I've only cut AL once, but it appears the settings were good; I had insignificant dross.
With materials?
I figure there has to be about $7-8 in shipping alone
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Re: Pricing for round slugs

Post by motoguy »

mdwalker wrote:I would be at $1.10 each plus cost of material. Not sure on current cost of aluminum because I don't cut much of it. That is based off of 3" circles.
I paid $0.03472/in for 1/8" AL at my last purchase. For 9 in^2, that would be ~$0.31. So, your bid would be $1.41, and my calculations put me at $1.46. I added a bit of waste material. Looks like we would be in the same ballpark. FYI. I was just curious to see how your figures compared to mine.
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Re: Pricing for round slugs

Post by motoguy »

gamble wrote:
motoguy wrote:Looks like I'd be ~$1.46 each, as they come off the table. I've only cut AL once, but it appears the settings were good; I had insignificant dross.
With materials?
I figure there has to be about $7-8 in shipping alone
$1.46 would be product only. Shipping fees would be in addition.
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Re: Pricing for round slugs

Post by little blue choo »

This is a BS bid. I would ask to see the bid. It would take half of that to mail them across town. So the other bidder is supplying metal and cutting them for around .62 cents each. I think someone is BSing you or they have a idiot for their other bidder.

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Re: Pricing for round slugs

Post by gamble »

So my last aluminum I bought was 25 pounds (3 pieces 34" x 20") for $77. (it was 60" and I had it sheared down to 3 pieces). And I bought these as scrap leftover from a local place. New would of been more money
Is that a good price?

So figure at 1 sheet of 20"x34" cost $25, I would use up roughly 50%-60% (thinking in my head). So I'd be into it for $9 for material roughly, plus $7/shipping. Doesn't count my time, setup, drawing, nesting, consumable use etc. So to make a whopping $9 to even match the other guys price isn't even worth it for me.

little blue choo wrote:This is a BS bid. I would ask to see the bid. It would take half of that to mail them across town. So the other bidder is supplying metal and cutting them for around .62 cents each. I think someone is BSing you or they have a idiot for their other bidder.

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That's what I'm saying! I told the guy the very best I could do is $2 each and that's only because I want his business and know he does a lot of work.
At the very least 20 pieces at $2/each right off the table and make it an even $40 and I'll cover shipping. Since he is only 2 hours away I can mail it for $6. I would eat a little crap to gain his business but I can't work for free.
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Re: Pricing for round slugs

Post by TTS »

Last 5' x 10' x 1/8" sheet that i bought cost $175.
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Re: Pricing for round slugs

Post by Shane Warnick »

I would be $1.17 each, shipping is extra. All my stuff like that is FOB, if they want a freight quote it's $10 just to give them a number, and then, it's a high number just to make sure I'm covered. That being said, I should be able to get those in a USPS flat rate box so postage would be $7, and an additional $5 for me to mess with it. So, I would be at around $35 delivered, or $23.40 plus shipping. That includes material.

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Re: Pricing for round slugs

Post by Bobcat320 »

I would have just punched them in the iron worker, even so would have been at about $1.25 each plus shipping...
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Re: Pricing for round slugs

Post by tnbndr »

Oh well, can't win them all. Stick to your prices, there is no sense in giving stuff away.
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Re: Pricing for round slugs

Post by gamble »

TTS wrote:Last 5' x 10' x 1/8" sheet that i bought cost $175.
That's cheap! I should buy from you :)
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Re: Pricing for round slugs

Post by TTS »

gamble wrote:
TTS wrote:Last 5' x 10' x 1/8" sheet that i bought cost $175.
That's cheap! I should buy from you :)
What are you paying for the same? I'm in Houston, not sure where you are.
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Re: Pricing for round slugs

Post by motoguy »

I paid $200 for a 4x10 sheet of 1/8" AL.
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Re: Pricing for round slugs

Post by gamble »

TTS wrote:
gamble wrote:
TTS wrote:Last 5' x 10' x 1/8" sheet that i bought cost $175.
That's cheap! I should buy from you :)
What are you paying for the same? I'm in Houston, not sure where you are.
Each 2'x2' piece in 1/8" 5052 is roughly $30-35 each
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Re: Pricing for round slugs

Post by Shane Warnick »

motoguy wrote:I paid $200 for a 4x10 sheet of 1/8" AL.

For what alloy??

I also get a 5'x10' sheet of 5052-H32, 0.125" thick, for around $180 delivered.

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Re: Pricing for round slugs

Post by chevybythesea »

I just bought 10 sheets of 5x10x0.125 5052 aluminum today for $105/each. I then resell them for $175-195, depending on the customer. But for me, and my table, I love aluminum. Just lots of smoke - fire department has paid me a visit or two from the amount of smoke. ;)
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Re: Pricing for round slugs

Post by cpreston »

A lot of time companies have slugs left over from another job. I have a 5 gallon bucket full of 2.95 slugs that I just kept off another cut. So ya if someone wanted 20 for $25, I would do it. good money for scrap
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Re: Pricing for round slugs

Post by gamble »

chevybythesea wrote:I just bought 10 sheets of 5x10x0.125 5052 aluminum today for $105/each. I then resell them for $175-195, depending on the customer. But for me, and my table, I love aluminum. Just lots of smoke - fire department has paid me a visit or two from the amount of smoke. ;)
Cut them up for me and sell me some :)
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Re: Pricing for round slugs

Post by 2015cmax »

I bought a 48X96 .125 5052-H32 sheet of aluminum in the Los Angeles area for $134.16. It was 56 pounds @ $2.3958 per pound.
Delivery was free since the order include several sheet of 16 and 14 ga CRS. Not sure but I think if the orders are over $300
they do not charge for shipping and its next day service.
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Re: Pricing for round slugs

Post by DreamWerks Designs »

Great information folks!

Gamble- I would stick to my guns on pricing as well and avoid any price wars, that starts a race to the bottom (especially in your first dealing). You can always lower your prices, it's much harder to raise them on a client after they've bought at a certain price.

Give it a few days and reach out to your potential client by phone; explain to him that even though you couldn't earn his business on this order, you would be happy to take him to lunch so you can discuss possibly working together in the future. Explain the factors that influence your pricing and advise him that if he can send you more work, your pricing to him can probably be adjusted slightly. If you both understand each other's situation, there is a better chance that you can work together in the future.

If you can't link up with him in the short term, save his contact information and follow up with him in a month or so to see if he has any more work needing quoted. This may have not been an opportunity lost, it may have been an opportunity gained by him just reaching out to you. At least now you've been introduced and can build on that as time goes on... If he's a regular buyer of cut parts, he'll need your services at some point (it's just a matter of time and circumstances).

Just my 2 cents.

-TB
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