Fastener companies have begun raising prices to offset costs from President Donald Trump’s upcoming tariffs on steel and aluminum.

On February 10, Trump restored Section 232 tariffs on steel and aluminum, resulting in a 25% tax on these imported metals, as well as fasteners manufactured from them.

Two weeks later, Sherex Fastening Solutions announced price increases.

“The increased costs associated with these tariffs will have a direct impact on our wire and finished goods costs,” Sherex president Adam Pratt told customers in an email.

Sherex, which serves automotive, general manufacturing, renewable energy, agriculture and aerospace markets, is implementing an 8% price increase on products from its Taiwan, Malaysia and EU production facilities.

“This price increase is 100% related to the proposed tariffs,” Pratt emphasized.

The increase does not affect fasteners made from domestic wire in U.S. production facilities.

Sherex expects to increase prices on March 12, when the tariffs are expected to take effect.

The Buffalo, NY-based fastener manufacturer is not the only company hiking prices.

Days after reporting sharply improved 2024 earnings, Howmet Aerospace CEO John Plant stated that any costs incurred by the tariffs will be passed on to customers.

On the February 13 annual earnings call, Plant said Howmet is well positioned to deal with the effects of the tariffs due to the strong contracts it has.

Pittsburgh-based Howmet is a Tier 2 supplier of fasteners, engines, aluminum and titanium structures, and other aircraft components to Airbus, Boeing and other OEMs.

Some domestic fastener manufacturers are seizing the opportunity to promote products made in the U.S. are using the tariffs in new marketing campaigns.

Taylor, MI-based B&D Cold Headed Products is marketing its products on LinkedIn as “100% shielded” from new tariffs.

“B&D remains completely unaffected — providing domestic, cold-headed fasteners with zero disruption to cost or supply.”

In January, U.S. fastener distributors participating in the monthly Fastener Distributor Index (FDI) expressed concern over the tariffs, which were seen to likely increase costs that distributors will struggle to pass along to customers.

“Domestic manufacturing should heat up and material prices are expected to increase as domestic manufacturers take advantage of the ability to improve pricing while tariffs are increased,” stated on FDI participant.