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May 30, 2019

British Steel Collapse: A Link In The Chain Of Rising Construction Costs
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Last week British Steel collapsed into administration. The business entered its (potentially terminal) crisis at a time when the world steel sector looks more uncertain than ever. The trade war between the U.S. and China risks pushing up construction costs and destabilising supply chains in the construction sector. Nobody knows how it will end.

So is the British Steel collapse a sign of what's to come? And what will be the consequences for the construction costs faced by the real estate sector?

British Steel Collapse: A Link In The Chain Of Rising Construction Costs

Steel is emotive. It represents the heavy industrial foundations on which sound economies are traditionally assumed to rely. Steel evokes masculine pride and old-fashioned values. Today, in Britain and in much of the Western world, it is in trouble. The overwhelming volume of much…

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If only Bisnow had a Madrid office... allez allez allez! mike.phillips@bisnow.com
 
 
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