There is not much news to report from the procurement markets. There are signs that delivery times in stainless steel and nickel alloys are getting shorter again. If cars cannot be produced because of missing chips, etc., stainless steel is not needed. If 350 million Chinese remain in "lockdown", no consumer goods will be bought either, and so one can continue the arguments that point to an easing rather than a tightening of the procurement situation. Less output requires less input. Commodity prices have stabilised; sure, there is still speculation in the energy sector and sure, we have inflation and shortages, but also "nothing is eaten as hot as it is cooked". The war in Ukraine will probably continue and provide a shock or two. But we will (unfortunately) have to get used to that, too. In summary, this means that we have seen the highest prices in the stainless steels and nickel alloys and the delivery times will probably remain longer than normal, but will hardly get any worse. In titanium, on the other hand, we probably haven't really seen the "high" and the "shortage" yet. That will probably be the case in early summer.
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