The sharpness in the steel market has led to a further price explosion of steel in April 2008. We now receive from all our manufacturers and suppliers reports that old prices can no longer be used in the given situation.
In some cases this also results in longer delivery times due to the lack of steel.
We can not conceive that price increases are also the result of speculation on the commodity market, speculating on a further scarcity and limits to growth. Prices of precious metals have also exploded since 2004 as a safe haven for the uncertainties in international stocks and foreign exchange markets.
We strongly advise our customers to deal with prices for a longer period of time.