According to The Fabricator in their article “Estimating basics and quoting jobs in custom metal fabrication,” being able to anticipate prices in an ever-changing economy is important to your success.

“Numerous factors influence the cost to produce parts, and understanding the basics of shop rates and sell rates is critical to determine a sell price that is both competitive and profitable,” The Fabricator said.

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Article with all rights reserved, courtesy of The Fabricator —— https://www.thefabricator.com/Photo with all rights reserved, courtesy of Canva —— https://www.canva.com/