Reinstatement of Temporary Material Surcharge | March 2022

This global situation which has been escalating for the last several weeks remains unstable and continues to cause the shortage and drastic increase of raw material prices simultaneously affecting our production costs. Whilst we’ve managed to absorb some of these unexpected costs ourselves, such price fluctuations are not under our control, and we are forced to adjust within our pricing policy.
 
Commencing March 22, 2022, we are reinstating the temporary material surcharge. It will vary per product group based on material type (galvanized steel, stainless steel, black steel) and will be updated on a weekly basis.
 
New temporary surcharges for 22/03/2022-27/03/2022 are as follows:

  • Standard products in galvanized- & black steel: +6%.
  • Standard products in stainless steel AISI 304: +11%.
  • Other steel types vary up to 12%.

 
You can follow weekly updates on the temporary material surcharge on our website We want to emphasize this surcharge is temporary and will be removed whenever prices for specific materials will return to the levels of the beginning of the year.
 
All quotes will continue to be valid for one day until the market stabilizes.
 
Thank you for your understanding, co-operation, and continued business. If you have any further questions, feel free to contact your Account Manager. In a meantime, we will closely monitor the market situation and keep you updated.

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