Manufacturer reports steel supply shortage, Q4 prices 50-75% above Q3

A manufacturer reports a lack of mild steel supply, with Q4 price agreements running 50-75% higher than Q3 and prices at double Q1 levels. Suppliers are advising tire shortages with lead times extending from 6 weeks to 3 months and prices up 25%, while an engine supplier warns lead times could double from 6 to 12 months.

Detected & updated continuously · Source: Nebula