News Flash..

From 1st Feb 2008 Securit Bike Store Range have been upgarded to a hingless design (except Double Bike Store) and all Bike Stores are supplied with an integral SOLD SECURE GOLD RATED GROUND ANCHOR.

From 1st June 2008 Securit Scooter Store Range have been upgarded to a hingless design (except Double & Mini Store).

Securit GB Ltd price increase

Securit GB Ltd is a British manufacturer of purpose built metal stores and 60% of our costs are in steel.

We aim to absorb as much of the price increase as possible but with the high fuel and steel costs we can no longer absorb the high costs.

Since January 2008 we have so far absorbed 35% increase in mild steel and galvanised steel. In April, May and June 2008 there has been further 5% per month. Then in July 2008 there will be a further 5% increase. The total means that by July 2008 we will have seen a 55% increase in the price of steel.

The reasons for these price hikes are that at the beginning of the year Iron Ore prices for 2008 rose by 65% from 2007 prices. This increase was implemented by Brazil based Vale, the worlds largest minining company and this has been accepted by steel mills. This increase has since been replicated by other such companies as Rio Tinto and BHP Billiton with some analysts believing that Vale's 65% could be increased upon yet.

In 2007, Euorpean Union witnessed steel imports from China, Korea and India exceed 10 million tonnes, double the figure of 2006. Steelmakers reported that this steel entered the E.U. at below the cost of the same material manufcatured in Europe. Thus, the European Union has begun investigations into the situation and is considering the imposition of import tariffs under global trade rules.

Whilst this situation remains unresolved, Asian steelmakers, fearful of the aforementioned tariffs, have withdrawn from the E U market. This has effectively created an immediate steel shortage and simultaneously removed a significant amount of competition from the European steel market. Consequently, European steelmakers are now able to address their steel prices upwards in order to cover manufacturing costs, uninhibited by the absence of cheap Asian steel.

The domestic hike in fuel costs is being replicated across thesteel producing sector with steelmakers reporting exponential rises for steel production. Evidently, the rise in energy costs is felt more acutely by steelmakers given the energy intensive nature of the manufacturing process. Additionally, logistical costs also been subject to notable increase with penal duties being applied to fuel.

The weakening of the pound (sterling) against the Euro has automatically forced steel prices upwards. This problem has been encountered by UK's only steel producer (Corus) in that they purchase much of their constituent steel making products from outside UK. With the absence of Asian steel and the fact US steel has risen by $125 in six weeks, there are no more cost effective alternatives outside of EU.

All the above are contributory factors towards this steep upward trend that Securit GB Ltd are experincing. For the beginning of the year we tried to absorb the increases by finding different methods in manufacturing our products and by looking at new markets e.g. galvanise planters and Oil Tank Enclosures.

From 9th June 2008, we have implemented an 10% increase across the product range and increase the fuel surcharge to £5.00 per delivery. We hope that we can offer these prices for the rest of the month.

KEEP TRADE LOCAL a new FSB campaign to keep local business going and fight against the larger companies and imports.

Securit GB Ltd is a small British Manufacturer who produces a quality made products, designed to your spec and employees local people.

ANY BODY ORDERING PLEASE REFER TO THE UPDATED WEBSITE.

ANY QUOTES ARE VALID FOR ONLY 30 DAYS FROM QUOTATION DATE ANY ORDERED AFTER THAT THERE WILL BE AN INCREASE.