24
Oct
11:01
German construction ‘nears collapse’, awaits state support impact
Germany’s construction industry continues suffering from a slump in demand for apartments and residential housing, which is putting pressure on construction material and labour pricing.
According to national construction federation Hauptverband der Deutschen Bauindustrie, the price for new constructions in August this year saw a downturn for the first time since 2020. The federation also notes a shift of activity from newbuilding to complementary works in ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous