Material surcharge from May 25, 2021

Dear Customers,

In our last letter we already informed you about the critical situation on the procurement markets. Taking into account the market information available at the time, we as a company made the conscious decision to keep our prices relatively stable for as long as possible and, to date, absorbed most of the cost increases internally.

However, the situation within the procurement markets has now deteriorated significantly. We are now experiencing unprecedented price increases - especially, but not only, in the steel sector. At the same time, selected steel products are very limited in supply, and in some cases are no longer available at all - regardless of price.

We see a realistic risk that not all companies will be able to completely cover their steel requirements in the next few months - especially for certain material grades and dimensions. As a company, we have therefore made the strategic decision to largely cover our steel requirements for the coming months at the current price levels to secure our ability to supply you with our products. This required considerable efforts and new pan-European purchasing. Nevertheless, the tense situation on the procurement markets can unfortunately result in delivery delays.

With this in mind, we now have to significantly adjust our prices and will be charging the following material surcharges from May 25, 2021:

  • 5% for all articles, except for selected mild steel articles (see next point)
  • 13% for all mild steel articles except pull-rings and items with actuators. Pull-rings and items with actuators are only increased by 5%

With this increase, we continue to pass on only part of the unprecedented material price increases. Our material surcharges will be adjusted based on our future purchasing costs, in the hope of being able to completely cancel them again. However, should material prices continue to rise or remain structurally at a similar level, we cannot rule out further price increases.

The material surcharge will be shown on your offers / order confirmations from May 25, 2021. There will be no adjusted price list or an adjusted catalog.

If you have any questions about the material surcharge or our products, please do not hesitate to contact our sales team by phone (0571 9558 201) or by email (

We sincerely ask for your understanding and look forward to working with you in the future.

With best regards,

The Management