Price correction 1st of February, 2021

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Dear Brink sales partner,

We are halfway January and we are evaluating the status of the increasing material prices.

The price for steel (hot rolled coil) , our most important raw material, has increased dramatically higher than we anticipated in October 2020, when we determined the new prices for 2021.

Our purchase price of steel has increased with more than 67% since Aug 2020 and more than 40% since Oct 2020. And the coming months more price increases are planned according to the market watchers.

We cannot absorb this increase totally by ourselves and we are forced to charge a share towards the markets. This is crucial for the continuity of our company.

Effective on 1st of February, our grossprices on all towbars will be increased with 14 euro resulting in an average price increase of 4,5% across the total Brink catalogue productmix.

For wiring kits , the current prices remain the same at the moment.

You will receive the new gross pricelist and net price list as soon as possible.

We trust to have informed you sufficiently and rely on your understanding.

Kind regards,

Lorenzo Gonzalez
Export Sales Manager