Increase in Steel Prices Threaten to Slow Construction Jobs

This article discusses the price increase of two vital materials, steel and lumber, within the construction industry. Specifically, “Over the past year, softwood lumber spiked 73%, according to the Producer Price Index,” and “Iron and steel scrap has surged 50.8% in the last 12 months.” On top of this disruption, supply chain difficulties are also making life in the construction industry more difficult. Be sure to check out this link for more details and information!

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