On February 22, Martin McVicar and his forklift company Combilift were paying €1,030 per tonne of sheet metal. Days later, Russia invaded Ukraine, and by the end of March, a tonne of sheet metals was costing the Monahan company over €2,000. “There’s a lot of steel slabs produced in Ukraine and Russia, so a lot of the European market was taking its steel slabs from Ukraine,” he said. “The war pretty much put an uncertainty about getting that supply.” While the cost of steel has settled slightly, it is by no means back to normal. McVicar said he still pays…

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