British Steel hikes steel price by £50 per tonne

British Steel has slapped a price increase on structural sections in a move that could have “major ramifications” for the industry. The Chinese-owned manufacturer, whose Scunthorpe blast furnaces were rescued at the eleventh hour by the UK government earlier this year, wrote to customers this… The post British Steel hikes steel price by £50 per tonne appeared first on Construction News.

BCIS forecasts 15% rise in costs over next five years

Rises in the cost of construction over the next five years will be outstripped by tender price increase, the Building Cost Information Service (BCIS) is forecasting.

February 2023 average house price increase by 5.5%

Figures from the latest UK House Price Index have shown that the February 2023 average house price has increased by 5.5% in February, down from  6.5% in January 2023. The post February 2023 average house price increase by 5.5% appeared first on Planning, Building & Construction Today.

Another hike in brick prices coming

Brick-maker Forterra has announced its fourth price increase of the year and chosen its next chief executive.

Mace market view report forecasts tender price increase in 2022

A recently published Mace market view report for Q2 2022 has shown tender price increases from 5.5% to 8% in 2022. The post Mace market view report forecasts tender price increase in 2022 appeared first on Planning, BIM & Construction Today.

The Times - "Pingdemic" takes toll on construction

Builders struggling amid material and labour shortages