Construction Industry Braces for Impact as Copper Prices Rise

Via Metal Miner The Construction MMI Monthly Metals Index remained firmly in a sideways trend, only budging upward by 1.28%. The rising price of iron ore PB fines in China had the heaviest impact on the index, holding it more up than down. After that, the next biggest factor was European commercial 1050 aluminum sheets. Meanwhile, all other components of the index’s metal prices trended sideways or down.

For instance, the economic burden on building projects may increase if manufacturers of copper-containing HVAC systems, electrical equipment and other items feel compelled to boost their pricing. Mitigating Challenges in Copper Price Volatility Some industry participants continue to look at other materials to lessen the impact of increased copper prices.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cash incentives offered to employ construction industry apprenticesConstruction companies looking to employ apprentices could be eligible for thousands of pounds of grant aid.
Source: shropshirelive - 🏆 55. / 63 Read more »

Cash incentive to boost number of construction industry apprenticesConstruction companies looking to employ apprentices could be eligible for thousands of pounds of grant aid.
Source: ShropshireStar - 🏆 98. / 51 Read more »

Industry speakers revealed for Climb24: the UK’s festival of innovation, industry and investmentGlobal leaders in tech and investment join the speaker line-up for the two-day festival. The first speakers have been revealed for Climb24, a festival of innovation, industry and investment, who will address the audience of scale-ups, entrepreneurs and investors in Leeds on June 5th – 6th, 2024.
Source: The Yorkshire Post - 🏆 39. / 66 Read more »