The underside of the steel shortage denounced by subcontractors

This is a crisis that the subcontractors would have done well, especially at this time. For the past few weeks, mechanical engineering companies have had to deal with significant price increases and growing lead times for metallurgical products. Between September and December, the price of hot sheet coil increased by 17.8%, reinforcing bars by 12.8%. Aluminum, copper wire, and brass ingots have also recorded increases of 10 to 40% in recent months. But even more than the price increases, it is the lengthening of delivery times that worries manufacturers.

Source: UsineNouvelle – Actualités A la une by

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