New year, new price lists: Lintel price increases for 2022
As the new year rolls in, we’re seeing continued increases in both demand and costs for raw materials leading to an unfortunate but inevitable increase in prices for lintels in 2022. We believe the other major steel lintel manufacturers will follow suit with Keystone/IG and Birtley Lintels expecting similar increases around the same time.
Here are the headlines –
- From 1st January 2022 Stressline concrete lintel and padstone price increase of 15%
- From 1st Jan 2022 Stressline steel lintel list price increase of 10%
- From 1st March 2022 Catnic steel lintel list price increase of 10%
As we have referenced before here at UK Lintels, the industry cannot absorb these costs as quotes from industry will outline:
“Our sector continues to experience a significant upturn in demand for building materials, however in addition we have also seen a dramatic increase in the costs to raw materials, plus other outside costs which unfortunately we are unable to absorb.”
Richard Smith, Stressline Sales & Marketing Manager
“The continued inflation on raw material, transport and packaging costs for GALVANISED STEEL LINTELS and ACCESSORIES is likely to remain at elevated levels for the foreseeable future, and we are unable to absorb these additional costs. I therefore wish to formally notify you of a price increase of 10% to our list prices, which shall be effective from 1st March 2022. As always, our efforts are directed at mitigating additional cost to you and we only pass on increases when absolutely necessary. Your business is extremely important to us.”
Mike Murphy, Catnic Sales & Marketing Director
“After a volatile 2021 in the steel lintel market where we witnessed two price increases from Catnic (15.0% 1.04.21) (18.0% 1.07.21) we predicted a third increase would emerge in Q4 2021. We had hoped that prices would stabilise but the announced increase in Q1 2022 are showing no signs of price stability for this coming year. The impact of Covid-19 on the UK’s workforce is still extremely prominent and macro-economic factors such as gas prices are compounding the raw material costs and transportation issues on our sector. To combat this UKLintels have increased their stock holding in 2021 by 500% and invested in further vehicles. By having the stock on the ground means we are not relying on the manufacturers lead-times and can continue to offer steel lintels next working day, nationwide. Our own vehicles give us the flexibility as well as certainty for our distribution channels for our client orders.“
Grant Morris, UKLintels.com Managing Director
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