Bolt Makers in Osaka Raising Stainless Steel Bolt Price

Due to the price surge in materials, bolt makers in Osaka are raising bolt price by an average of 20%. Given the different contracts between the makers and market players (including end users), the price raise may occur in different time frame. As it is not easy to absorb the extra cost resulted from the rising price and expenditure, whether or not the makers can maintain stable capacity and supply will depend on the market's reaction to the price raise.