Price changes reflecting volatile steel prices
Several large increases in global steel prices during 2021 have been well documented. These price increases are continuing to affect UK manufacturers like us. The price of cut raw steel along with most components (such as welding wire and castor wheels) continue to increase by the month.
Trading for any business using steel is currently difficult, and MC&P is no different. Following some considerable increases and volatility in the price of steel over recent months, we have therefore made the decision to increase prices of a number of key products.
We are committed to offering our stillages, pallets and other products at the most competitive prices on the market, and we’re proud to have kept our prices low since we launched our website. However, in order to maintain quality and production, an increase at this time is necessary.
Why are steel prices rising?
Like most other countries worldwide, much of the UK’s steel is now imported from China (see Global Steel Price). Import levels have reduced as a result of freight shortages due to Brexit and Covid, meaning lower levels of supply, and further Covid lockdowns in China’s steel-producing regions have hampered manufacture.
In addition, iron ore and nickel raw material prices have increased significantly, making steel and stainless steel products more expensive across the supply chain.
The UK’s market is now getting much busier, with increasing demand as businesses and sectors come out of trading restrictions and lockdowns, but steel supply is struggling to keep up at the moment.
Will product prices reduce again if steel prices fall?
The industry expects that steel prices will remain high for some time as the world’s economy recovers from the pandemic, and whilst the UK economy adjusts to life post-Brexit.
We will continue to monitor our supply costs, and as prices settle down we aim to reduce the prices of products recently increased wherever we can.
Mesh stillages, pallets & cages Made In Britain by the UK’s leading manufacturer of storage, loading & logistics products
With over 25 years’ experience in the design and manufacture of metal cages, stillages and pallets, Metal Cages & Pallets is now the UK’s leading supplier of heavy duty storage, loading and logistics products for industries nationwide. Proudly Made in Britain, our online range is designed by our team and engineered in our own Greater Manchester workshop, delivering products to your door quickly and at highly competitive prices.
We’re not a catalogue company. When you buy stillages, cages and handling products from us, you’re buying a quality product designed and built by us to an excellent standard. With a great understanding of the needs of workplaces across industry, our range is used by leading names including B&M, Homebase, Dunelm, the National Trust, the Environment Agency and Wayfair, amongst many others.
Order stillages, pallets & cages from Metal Cages & Pallets
Order online or call 01942 386 830 to speak to our experienced engineers about our handling and storage solutions.
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