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04 May
20:34

US steel construction input prices continue to spike

Steel construction input prices in the US rose in March, Kallanish learns from an analysis of the Bureau of Labor Statistics' (BLS) producer price index. According to BLS data, monthly construction input prices increased for both iron/steel scrap along with steel bars, plates, and structural shapes. Iron/steel scrap prices have risen by 14.3% in the past three months, while pricing for steel bars, plates, and structural shapes increased by 11.2% during that ti…
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