Surcharge and Review Period
Over the past few months, we have had to contend with massively rising prices on the raw materials markets, with prices for hot-rolled strip steel in particular soaring. The reasons include rising Chinese export and production costs and, in particular, the effects of the Russia-Ukraine conflict: In the near future, considerable quantities of steel that previously came from these nations will probably have to be replaced on the world market.
WIKUS has been able to absorb a considerable part of the price increases and supply bottlenecks in the steel trade through numerous measures such as increasing production capacities, but there is currently no end in sight to the steel crisis. That is why we introduced a variable surcharge in July 2021 in order to be able to maintain our delivery capability.