Metal prices have been falling in recent months, but it appears that the metal pricing and supply is beginning to stabilize. In this video we will discuss what to expect with steel pricing and supply in the 3rd and 4th quarter of 2022.
00:00 Metal pricing and supply update for 2022
00:33 Are metal prices going down in 2022?
02:28 When will the price of metal decrease?
04:01 PVDF pricing and supply for 2022
05:21 PVDF supply update for 2022
06:30 Why is there a shortage of PVDF paint?
07:35 Steel logistics and trucking update
08:30 Steel and metal demand forecast for 2022
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Steel Prices Update 2021
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Steel pricing had been going up immediately after Russia invaded Ukraine in April and May of 2022. In recent months the price of metal has started to fall rather quickly, but as of August 2022 metal prices seem to be stabilizing. Headed into the later parts of 2022 we expect there will be minor price reductions.
PVDF coatings continue to escalate in price at an alarming rate. Painted metal coils have not really gone down in price because the lesser price of steel has been offset by the higher prices of the paint. In addition, the shortage of PVDF resins has not improved and will likely get worse.
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