Rebar - Multiple Price Increases
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2022 starts with multiple price increases never seen before. The pandemic has disrupted nearly every aspect of the global supply chain resulting in shortages, shipping delays, & price hikes across a whole range of products.
Increased scrap prices have been immediately reflected in rebar levels where a 24% increase has been recorded since January of this year. Expect more increases as we enter the busy construction season. There has never been a better time to communicate with your supplier to ensure a strategy of supply and pricing to get through these turbulent times.
Call the pros at Milltrade.