The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: So this is Marisa Hernandez from Sidoti. Hopefully, it's the only when you have in the line with that -- So a couple of questions here. First on the
quarter itself, you mentioned 2% lower volumes year-over-year. Can you give us a little bit of color on a buy end market. I suspect the worst was
auto -- this volumes also go down in your other end markets?
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
:
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: Okay. Did your shipments to metal customers go up and to what extent?
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: Got it. So the other issue I wanted to explore on the quarter itself is on the drivers for the gross margin. Of course, you mentioned the raw material
cost inflation, the mix and logistics issues. So to what extent was each of those drivers there? You can elaborate on that?
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: So looking into 2022, are you thinking that autos will see some recovery in volumes throughout the year or that being pushed out more than that?
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: Okay. So on the transportation side of things, the pressure that you may have had a difficulty to deliver and difficulty to see things in the fourth
quarter. Are you seeing any alleviation there or not yet?
Question: Marisa Liliam Hernandez - Sidoti & Company, LLC - Analyst
: And on the pricing side of things, obviously, there's a lot of room to catch up on, and that's the same for everybody. But are you getting some -- is
it getting increasingly difficult to pass on prices?
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