CURRENT SUPPLY BOTTLENECKS AND PRICE SITUATION

O-METALL Group, March 31st 2021

Without any doubt, the today’s situation is unpleasant. Unfortunately, due to current shortness of supplies from suppliers and due to the prevailing steel and chemical price situation, we are currently unable to submit binding offers for the long-term.

At the moment, the capacities of upstream suppliers are almost completely exhausted, so that only the current day-to-day business, under acceptance of significant upward price corrections, can partially be managed.

Despite these significant price increases at a short-term there is no improvement in sight.

We regret this situation very much and thank you for your kind understanding.

O-METALL LUXEMBURG S.A.
Marketing-Business-Center
L- 9753 Heinerscheid

info@o-metall.com
Tel.: +352 997 323 20