Steel Price Trend

Current price trend 2017 (steel / tempering steel)

Steel Price Trend

Dear Ladies and Gentlemen,

As you have certainly experienced, the prices for personnel (labor costs), oils, tools, chemicals, paints, annealing, hardening, galvanizing, transport and disposal have steadily increased in the last few months. By optimizing our internal business processes and targeted negotiations with our partners, we are still able to keep our prices stable in 2017 as well.

The steel prices on the world market are increasing extremely, a first increase of € 90, - / 1,000 kg (€ 0,09 / kg) has already been implemented since 01.01.17. It is assumed that the price for steel and heat-treated steel will increase again by € 60 / 1,000 kg (€ 0.06 / kg) on July 1st.

By renegotiating with our suppliers, we can offer you the current RTZ of € 0.80 / kg (€ 800, - / 1.000 kg) for all orders (also call-offs) up to 30.06.17 in the steel / tempering steel sector. For orders from 01.07.17 the RTZ will increase by € 150, - / 1,000 kg (€ 0,15 / kg) to € 950, - / 1,000 kg (€ 0,95 / kg).

We ask for your understanding of this unavoidable adjustment, which does not represent a price increase on our part, but takes account of the steel price development 1 to 1 and recommends making use of the possibility to order until 30.06.17 at the previous conditions.

Please feel free to contact us if any questions should arise.

Your Overhoff Verbindungstechnik GmbH

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