Year in review 2021

The year 2021 was also marked by the corona pandemic. While contact restrictions and lockdowns weighed on the German economy in 2020, in 2021 it was raw material shortages, logistics problems and the associated price increases.

The steel industry experienced a novelty last year: One of the most widely used materials in the world was suddenly scarcer than ever as a result of the upswing after the corona crisis. Within less than a year, prices have doubled. This puts additional pressure on customers, who are already suffering from many different shortages due to strained supply chains.

In Germany alone, 55% percent of the manufacturing industry is considered steel-intensive. With around 31 million tons of steel in 2020, Germany is the largest steel consumer in the EU.

Steel prices are very relevant in many industries and can have a major impact on production and business results. Therefore, it is all the more important to have a strong partner at your side who leads through these uncertain times in the steel market.

We at ms con-cept GmbH see these times as a challenge and look forward to successfully concluding the year 2022 with our partners and customers.

Marcus Sievers

CEO ms con-cept GmbH