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13 Aug
16:30

Cheaper steel moderates US construction input costs

Overall US construction input prices rose in July, whilst steel inputs fell, Kallanish learns from the most recent analysis of the Bureau of Labor Statistics' (BLS) producer price index (PPI) by Associated Builders and Contractors (ABC). According to the latest BLS data, the overall costs increased by 0.4% month-on-month in July. July steel mill product prices decreased by 3.3% m-o-m and iron/steel prices decreased by 1.8%. Hot rolled bar, plate and structural…
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