L
eel prices continue to take center stage in the new year
Metal companies, distributors and customers
customers
steel orders and price increases. A temporary mismatch between supply and demand that is not
is uncertain whether it will stabilize during the first half of the year.
With the activity standstill in 2020, which seems like yesterday, but it has been almost two years since the beginning of the pandemic, companies emptied their stocks due to the economic uncertainty. With the start of the year 2022, the improvement in the outlook and the increase in orders, the demand for steel has increased significantly, which in part is compromised by all the circumstances that happen in this globalized world.
The descent of stocks from the subjects premiums directly affects the demand, assuming that the rises in prices uncontrolled difficult to assume
for productions that are still unstable
and, in addition to this, delivery times are sometimes long and without guarantees.
The footwear sector agrees that the crisis in the raw materials market is unprecedented, as we have accumulated an average increase of 80% compared to pre-pandemic levels. At JOVER, after more than 50 years in business, we have never seen anything like it.
We are hopeful that 2022 will be the year of business recovery for the entire sector and the world economies. All sectors are directly or indirectly affected by situations such as those experienced in the last two years.
