Steel Market

Status Quo: Steel Crisis & Surcharge

Companies, manufacturers and suppliers continue to be affected by the tight situation on the steel market. The demand for raw materials remains very high, but only limited capacities are available for steel production.

Current price development and trend

After the cost of hot-rolled steel had almost tripled since January 2020, a look at the current price development shows a sideways movement with a slight downward trend.

Source: Stahl Monitor | status: 11.10.2021

WIKUS continuously supports you to maintain your productivity. The level of the current raw material surcharge, which affects the entire band saw blade portfolio, will not change at this point. The material supply for WIKUS and our customers is still secured.

Next steps

We will continue to communicate transparently. In this context, we will keep you updated with regular information, review steel prices and make appropriate changes. You will receive the next update in approximately 12 weeks.

Please feel free to reach out to your personal sales contact to clarify any open questions.

Any more questions?

We are happy to answer your questions, feel free to contact us!

Current website / language

WIKUS Global

Other websites

WIKUS Saw Technology, Corp
WIKUS Canada Ltd.
WIKUS Saw Technology (Shanghai) Co. Ltd
WIKUS India Pvt. Ltd.