Steelwork to remain the most competitive material
Structural steelwork prices will increase steadily, in contrast to other construction materials which are seeing sharp jumps in price, making steelwork relatively more competitive as a framing material, according to Sarah McCann-Bartlett, British Constructional Steelwork Association (BCSA) Director General.
Structural steelwork contractors in the UK have sufficient capacity to meet increased demand from the construction industry said Ms McCann-Bartlett.
“Our members are now seeing stronger demand for constructional steelwork, and with improved prospects for construction, BCSA members have reviewed their capacity and capability and are confident they can meet this demand,” said Ms McCann-Bartlett.
“Unlike other construction products, where we’re seeing shortages, long lead times and price spikes, demand and supply in the structural steel market is more balanced. While we do expect to see a firming of prices, this will be relatively slow and steady,” she said.