DynaEnergetics Announces Tariff Surcharge
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DynaEnergetics, a business of DMC Global Inc. (Nasdaq: BOOM), will implement a 7% to 9% tariff surcharge on perforating systems in North America starting April 5, 2025, due to increased raw material costs from U.S. tariffs.
March 04, 2025 | 1:15 pm
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DMC Global Inc. (Nasdaq: BOOM) will see a 7% to 9% tariff surcharge on its DynaEnergetics perforating systems in North America, effective April 5, 2025, due to increased raw material costs from U.S. tariffs.
The tariff surcharge indicates increased costs for DynaEnergetics, which could lead to higher prices for customers and potentially impact sales negatively. This may put short-term pressure on BOOM's stock price.
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