06
May
15:03
German construction seeks escalator clauses against rising prices
Germany’s construction firms are well-advised to include price escalator clauses in their contracts for materials and services, given notable increases of prices since last year, according to a major construction sector interest group.
In February, prices for new residential buildings were up 4.8% year-on-year, following an average increase of 4.4% in full-year 2018, according to figures from the federal statistics office. In road construction, February pr…
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Anonymous
Very good overview of the weekly steel market.
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