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12 Jan

Steel construction input costs rise, freight outlook risky

Monthly steel construction input prices rose in the US in December, Kallanish learns from the most recent analysis of the Bureau of Labor Statistics' (BLS) producer price index by Associated Builders and Contractors (ABC). According to the latest BLS data, overall monthly US construction input prices fell by 0.6% during December. In contrast to the total index, monthly steel mill product prices rose by 3.3% and iron/steel prices increased by 4.3% in December. …
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