Price Adjustment February 1, 2025
To our customers:
We prioritize providing the best service, producing high-quality cast and machined parts, and value a long-term, sustainable partnership with you.
To address rising costs for auxiliary materials, wages, transportation, and environmental measures, we will adjust our prices by 2.5% effective February 1, 2025.
We understand that this price adjustment may affect your budgets. Therefore, we continually work on optimizing our processes and keeping costs down.
Effective February 1, 2025, the following changes will apply to all orders:
Price Adjustment as of February 1, 2025
Our last price adjustment was on January 1, 2024. Over the past 12 months, we have experienced increased costs for auxiliary materials, wages, transportation, and environmental initiatives.
As a result, all orders received after February 1, 2025, will incur a price adjustment of +2.5%.
The new prices are expected to remain in effect for the rest of the year (until January 1, 2026).
Unchanged Raw Material Prices
Aluminum prices remain unchanged since our last adjustment on January 1, 2024:
- Secondary aluminum alloys (4261 and 4253, etc.) = Price 23.00 DKK/kg.
- Primary aluminum alloys (EN AB 43500 and 44000, etc.) = Price 26.00 DKK/kg.
Raw material prices are adjusted quarterly if they change by more than +/- 5% during the period.
Unchanged Energy Prices
Electricity prices remain unchanged since our last adjustment on January 1, 2024. Production consumption is 5 kWh/kg.
The energy price remains 1.50 DKK/kWh × 5 kWh/kg = 7.50 DKK/kg.
Energy prices are adjusted quarterly if they change by more than +/- 10% during the period.
Combined Raw Material & Energy Prices Remain Unchanged:
- Secondary aluminum alloys = Price 23.00 DKK/kg + 7.50 DKK/kg electricity, Total: 30.50 DKK/kg.
- Primary aluminum alloys = Price 26.00 DKK/kg + 7.50 DKK/kg electricity, Total: 33.50 DKK/kg.
We look forward to continuing our good cooperation.
Best regards,
Kim Brincker
Farum, January 2025
