We've all heard the phrase, "you get what you pay for," and when it comes to metal purchasing, this phrase definitely applies. To help you see how the price of metal products is oftentimes related to quality, we put together a handy infographic. Check it out:
Price of Metal Product and Quality
As you saw, metals that need to meet precision specs require more frequent quality inspections, with specialized equipment, and more raw material use. The extra scrap, labor, and inspections become the responsibility of the service center before product hits your floor. Thus, the quality and price of metal product are closely tied.
When materials are available at a lower price, it's worthwhile to wonder what justifies the lower cost. After all, the connection between quality and value is what typically impacts cost. A higher quality material is going to carry a higher value, so when we say "you get what you pay for" it's in terms of the quality and value of the purchased material.
Mead Metals and Quality Metals
Here at Mead Metals, we're committed to providing our customers with the level of quality their applications require. We have a 99.61 percent quality rating, and that's in large part to our dedication to quality standards.
Checking Material 3X
Every order is checked a minimum of three times before it makes it out of our doors. These checks include verifying thickness and width against order specs, and confirming material hardness.
Verifying Quality Needs
If we ever encounter material that's below the quality needs of a customer, we either rework or replace the metal, or source new material that does meet quality expectations. All of our product is visually inspected for moisture, rust, stains, and dents. And during processing, we check for mill marks, scratches, wave twists, and burrs in the metal product.
I hope this helps you see the link between quality and cost. Particularly within the metals industry, you'll see lower priced materials typically used in lower quality products. Alternatively, with higher prices, you get better quality. This is in large part to the effort, attention to detail, employee involvement, and equipment use required to verify and guarantee quality.