PxPixel
SRAM raises prices; cites raw materials shortages - BikeBiz

SRAM raises prices; cites raw materials shortages

SRAM has announced that it plans to increase its chain and internally geared hub pricing for MY2005 by 6-8 percent.
Author:
Publish date:

The exact percentage depends on the type of hub and chain.

According to SRAM officials this step is the minimum necessary due to the rising demand and subsequent price hikes on steel and other metals because of the very high demand on those materials.

"Looking at the steel content used in our hubs and chains we would in fact need to increase the price by 12-15 percent but we feel that the market and our customers cannot absorb the all of the price increases in steel and other metals that we are experiencing today," said Martin van Beek of SRAM Europe in Holland.

Featured Jobs

the cycle hub

Showroom Manager

The Cycle Hub I Dubai, United Arab Emirates I Competitive Package & Bonus I Date Published Tuesday 26th June 2018

Giant St Paul Logo

Bike Fitter / Sales Person

Giant St Pauls I City of London I Salary: Negotiable Dependent on Experience I Date Published Thursday 21st June 2018

CRC_Logo_620x349-1

Bike Technician

Chain Reaction Cycles I Ballyclare I Competitive Salary & Benefits Package I Date Published Monday 2nd July 2018

Canyon_Logo_1(1)

Brand Content Writer

Canyon Bicycles GmbH I Koblenz, Germany I Salary: Up to €38,000 I Date Published Tuesday 3rd July 2018

CRC_Logo_620x349-1

Retail Sales Advisor

Chain Reaction Cycles I Belfast I Competitive Salary & Benefits Package I Date Published Monday 2nd July 2018