Steel materials prices surge as impact of Ukraine war bites

By Carl Brown2022-05-17T08:39:00

Source: Shutterstock

Cost of fabricated structural steel and rebar rockets in March

The prices of steel building products surged in March due to the impact of the war in Ukraine and ongoing energy price volatility.

Building’s updated Trends and Prices Data Dashboard shows the Office for National Statistics price indices for concrete re-enforcing steel bars increased 31.6% in March compared to February. Fabricated structural steel also shot up in March, rising 19.2% month-on-month.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community