Dateline City:
EL SEGUNDO, Calif.
Steel Price Uptick Triggers Rise in Materials Costs for North American Construction Industry in January
El Segundo, Calif. (Jan. 31, 2014)—Materials and equipment costs for the North American construction industry rose in January as pricing for carbon steel pipe and fabrications increased for the first time in eight months according to IHS Inc. (NYSE: IHS) and the Procurement Executives Group (PEG). However, the price gain does not signal a fundamental shift to the IHS forecast for stable steel pricing in 2014.
Language:
English