Why are steel prices so high?

What causes steel price increases? When will they come down?


Steel prices in Australia were on the rise for a few years, from 2020 through to 2022.

In this video, our Managing Director, Martin, does a deep dive into what affects steel pricing, whether it’s going to come down and what we do at Action Steel to minimize the impact of steel price rises.

You might also be interested in our recent article, Are Steel Prices Decreasing?