Flow Dynamic Text Test

Written by Andre Tjaberings
on July 11, 2022

The Steel & Tube Procurement Update provides recent insights into the drivers of steel pricing in the current environment.

These are turbulent times. The Russia invasion of Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production and consumption which is likely to increase price volatility, keeping prices historically high through to 2024.

All eyes are on China and how quickly it will recover from its COVID-induced slump,and on how long the Russia/Ukraine conflict will continue and what ramifications it will have on the global economy.

Meanwhile, domestically watchful eyes are monitoring escalating inflation, interest rates and the declining New Zealand dollar with increasing concern, due to the flow on effect to confidence levels, incomes and subsequent growth rates or decline.

Steel & Tube Procurement Update July 2022_cover



Let Us Know What You Thought about this Post.

Put your Comment Below.

You may also like:

Company News

Three Things You Must Know About Our Tauranga Roofing Team

Steel & Tube’s Tauranga Roofing team, better known as Your Bay City Rollers, are united in their commitment to focus...

Company News Featured

Price Increase Notification - May 2022

25 May 2022

Company News Community Initiatives

Pink Shirt Day 2022: Speaking Up & Standing Against Bullying

Today, Steel & Tubers across the country donned their brightest pink shirts to support Pink Shirt Day. It’s a day fo...