Glass News February 2021

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ALUMINIUM ROOF LANTERN Call: 01642 610799 www.korniche.co.uk Glass News Earpiece DEC.indd 1

20/11/2020 13:39

IS !! TH NTH MO

"The shortage of material stems from when lockdown through Covid-19 meant mills closing and then, industry recovery was stronger than anticipated upping demand dramatically."

Issue 119 | February 2021

SEE PAGE 16

SOFTWARE & IT

If 2020 was a difficult year for steel buyers then 2021 looks to have the potential to be very much worse. The shortage of material stems from when lockdown through Covid-19 meant mills closing and then, industry recovery was stronger than anticipated upping demand dramatically.

Glass News’ Editor, Chris Champion, talked with Emplas’ Managing Director, Ryan Johnson, about this issue and he was able to confirm that in costing out an unglazed side hung, next to a fixed, 1230mm x 1480mm Standard PAS24 test size window, showed metal cost at 16.87%. A top hung over fixed 1250mm x 1200mm had a metal content of

THE RIGHT PEOPLE READ GLASS NEWS

SEE PAGE 8

Anglo European, the UK galvanised frame reinforcement manufacturer, reassures customers with a guarantee of supply through to the end of July 2021 and with negotiations at an advanced stage for the 3rd quarter.

Indeed, demand is now higher than supply, the first time for many years. The 2nd and 3rd waves of Covid-19 has contributed to the problem as mill assets cannot be turned on and off quickly, resulting in a lack of supply. Is a steel shortage of particular significance to the fenestration industry, you may well ask? After all we are talking about reinforcement, locks, handles and screws but does that equate to a significant proportion of the cost of a window?

THE UK’S LEADING TRADE NEWSPAPER FOR WINDOWS, DOORS AND CONSERVATORIES

IS !! TH NTH MO

PANIC OVER PRICE AND SUPPLY ISSUES IN THE STEEL MARKET

WHICH DOOR?

THE MULTI-AWARD WINNING

ALUMINIUM ROOF LANTERN

NEW CUSTOMER

Paul Sullivan

10 %

20.76% - not an inconsiderable proportion of the price. Iron ore costs are at a nine-year high with both planned and emergency steel mill outages also contributing. Against this backdrop, the World Steel Association (www.worldsteel.org) whose members represent 85% of global steel production, predicts demand for finished steel to increase by 4.1% in 2021. Underlining these issues are increases in the global price of raw steel that will amount to almost 80% between September 2020 and April 2021. Lead times from suppliers such as Mittal and Tata have increased with allocations reduced and subsequently mill orders have been reconfirmed at later dates and at prices linked to those new confirmed timings. Market prices have escalated significantly between summer and now, well into 3 digit increases, with further large upward moves expected into early 2021 and beyond. Continued on page 4...

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SUPPORT

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The best trade lantern

www.madefortrade.co Tel: 01642 610799

www.madefortrade.co * Discount applies to new trade customers and first, single item purchase only of the Korniche Roof Lantern. Tel: 01642 610799 * Discount applies to new trade customers and first, single item purchase only of the Korniche Roof Lantern.

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14/12/2020 09:26


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