Material Surcharge
Effective Monday, 01/01/22 Royston will implementing a material surcharge of 15%. This is a result of increases from raw materials and is significantly impacted by steel price increases that we have been incurring since the 4th quarter of 2020 and are continuing to increase in 2022. This increase is in the form of a surcharge so if we see a reduction in raw material cost, this surcharge can be reduced or possibly eliminated in the future. This surcharge is scheduled for review in June of 2022.