News 2021-01-27

steel prices

Steel is a commodity and commodity product.
Hence, this is also prone to price fluctuations depending on market conditions.
We note that steel prices have risen almost 10% in recent weeks. Due to the strongly improving raw material prices, the strongly improving economy in Asia and the worldwide production loss (due to COVID-19), the market was startled by very strong rising steel prices and scarcity in the field of steel coils.
These increases are expected to continue for the time being.

This may allow certain goods to follow these prices.

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