Cost of raw materials set to come down next year
Having recently seen the first drop in raw materials costs since September 2020, experts at one of the UK’s largest online metal suppliers are offering their predictions for the industry in 2024.
2023 saw the first signs of a fall in the cost of metals. A decrease in demand has seen the forecasted price deflation come to fruition, meanwhile, the ongoing unsteady economic situation in the UK has solidified this.