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09 Jun
15:58

German construction suffers from unprecedented material shortage

The shortage of materials used in construction in Germany is by far the most drastic since the beginning of records after reunification in 1991, according to economic research institute IFO. This concerns steel as well as many other conventional materials like glass, bitumen, cement, insulation. In the course of three decades there were only a few years in which material shortage was an issue at all. And even then, in 2018 and 2020 for example, less than 10% of co…
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