A successful new year for our business partners around the world in steel construction.
Last year, 2018, was marked by a high number of orders, bottlenecks and unpredictable obstacles for many steel fabricators. For some steel manufacturer it was not a really successful year, despite full order books. In many cases, the steel construction industry has modernized its machine park with a saw drilling system, flame cutting center and blasting system to counteract cost pressure in production. Whether these many high investments pay off remains to be seen.
It is obvious that country subsidies for exclusively new machines were helpful. Unfortunately, the purchase of used machinery is not subsidized, but Nenok was nevertheless able to benefit a bit from the modernization, as it offered interesting opportunities for buying back used steel construction machinery.
The demand for steel structures continues to be high, so that some steel fabricators will be busy well into 2019. As a result, many machine manufacturers also had full order books and reached their capacity limits with numerous commissionings.
Nenok expanded last year its ware house capacity for used steel construction machinery and equipment.
We look forward to a continued good and successful cooperation.