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https://www.wsj.com/articles/high-steel-prices-have-manufacturers-scrounging-for-supplies-11631698202

Manufacturers are facing the highest steel and aluminum prices in years, another hurdle for U.S. companies already struggling to make enough cars, cans and other products.

Rapidly increasing metal costs are pushing manufacturers to take what steel they can get and hire more people to seek out available supplies, company executives said. The rising costs are flowing through to some producers of consumer goods: Campbell Soup is paying more to get the cans it fills with tomato soup; Peloton Interactive is seeing prices rise for parts that go into its stationary bikes; and Steelcase is paying more to make metal desks and filing cabinets. Car makers like Ford Motor and General Motors Co. are also dealing with rising metal prices.

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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.