Current Steel Prices - Measures by WIKUS
The steel market situation, which has arisen primarily as a result of the Corona pandemic, is currently affecting almost all sectors of the economy. Companies, manufacturers, and suppliers in the mechanical engineering sector that are directly dependent on steel are particularly affected.
We are still experiencing supply bottlenecks and have had to deal with a massive price explosion (e.g. the prices for hot-rolled steel have almost tripled since January 2020).