Steel Price Uptick Triggers Rise in Materials Costs for North American Construction Industry in January

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
Multimedia
Contacts
Defense, Risk & Security; Healthcare/Pharmaceuticals; Economics; Country & Industry Forecasting; Design & Supply Chain
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Design & Supply Chain
Jonathan Cassell, +1 408 654 1714
jonathan.cassell@ihs.com

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