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14 Apr
14:11

Worldsteel sees improving global construction activity in 2022

Global construction activity will continue growing this year despite a contraction in China observed in 2021, according to worldsteel. The association's positive perspective is supported by strong infrastructure initiatives observed in many countries, as well as upcoming investments related to the energy transition. However, construction faces headwinds from rising costs and interest rates, Kallanish notes. “Like other sectors, the global construction …
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