14
Mar
15:40
German builders call for adjustment in pricing clauses
Germany’s construction industry is sounding the alarm over skyrocketing material costs, which cannot be covered by the sales prices for ongoing projects previously agreed with customers, Kallanish notes.
Both main industry associations, Hauptverband der Deutschen Bauindustrie (Hauptverband) and Zentralverband Deutsches Baugewerbe (ZDB), issued statements late last week addressing the problem, which has been acutely aggravated by the Ukraine war.
“Pric…
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Anonymous
Very good overview of the weekly steel market.
Anonymous