New Pricing Effective 1st October 2021

New Pricing Effective 1st October 2021

Over recent months the ongoing global COVID-19 pandemic has resulted in rising costs for many companies.

Commodity prices have increased. Copper is up 25%, Nickel is up 60% and we’ve seen 25% increases in Iron Ore and Zinc. Suppliers have been forced to increase prices due to raw material increases and supply shortages. Some suppliers have increased prices on a month-by-month position, they have also added surcharges to offset increases in shipping charges.

In our business we’ve seen sharp increases in shipping costs as well as lengthy lead times and shipping delays due to a shortage of container space. Lead times from some suppliers are now between 6 and 12 months and have resulted in a greater reliance on air freight. To date we have not passed these costs onto customers.

New pricing effective 1st October 2021

As a result of rising product and shipping costs we will be issuing a new price list effective 1st October 2021. The new price list will include price increases in the range of 6 - 10% depending on the product. The price list will be available mid-September 2021 and emailed to all customers. Any questions regarding pricing should be directed to our sales team on 1800 272 879 or via email sales@arcuswire.com

Product supply

As Australia’s largest supplier of stainless steel wire rope, we have increased our orders to ensure that stock levels remain high. This is good news for customers as our two warehouses in Sydney and the Gold Coast have a wide range of wire rope and fittings ready to ship Australia-wide via road and air freight.

New initiatives to ensure a safe working environment

In addition to increasing stock levels, we remain focused on ensuring a COVID safe working environment and recently introduced Click&Collect which is providing a contactless process for order pick-up, keeping our customers and employees safe.

Thank you to our customers

With nearly 60 years in the wire rope industry, we very much appreciate the support of our customers as we work through the challenges of the global COVID-19 pandemic.

Our expert team stands ready as always to assist with any questions regarding our wire rope and fittings for marine, industrial or architectural projects of any size or scope.

Please do not hesitate to call our expert team on 1800 272 879 or via email sales@arcuswire.com.

Stay safe.

Tags: Steelproducts

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