We we will do what we can to keep our prices low when the opportunities are found, but right now we are left with little options. We apologize for any inconvenience this may have on our close and prospective customers. PENGO AUGER SOIL CHART Pengo has developed the chart below to help you decide which replacement part will be best suited for your project. As a result, we are forced to increase our list pricing for 2021 and add a steel surcharge to off-set the rising costs that is projected to continue this year. The reduced capacities of companies in this industry due to Covid-19 health and safety regulations continues to have an impact. The cost of steel materials has been steadily increasing throughout 2020, and it unfortunately has not slowed into 2021. Rock Auger Pilot Bits McMillen Pengo Danuser RR-1.75Q Rock Auger Pilot Bit - 1.75' Male Square Shank: 137208: 137208-Rock Auger Pilot Bit - 2. This is what we are seeing all across the industry day after day new emails from vendor's telling us that their prices are rising, every order we make for materials needs to be revised because the last price is no longer valid, and for good reason. The carbon steel market is poised to grow by 699.35 MT during 2020-2024 progressing at a CAGR of almost 8% during the forecast period." (Source: Business Wire)
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