It has been more than two years since the COVID-19 pandemic. The pandemic disrupted the global economy and the prices of construction materials were elevated, along with high gasoline prices, inflation, lack of shipping, labor shortages and more. Reports have revealed that steel remains the leading construction material this year, followed by concrete and wood.
There has been a cost increase across the board, but steel, glass and cement remain more affected than some of the other construction materials. At the same time, steel building supplies still remain a top choice throughout the world in Q1 2023. It takes a lot of energy to produce steel and the ongoing energy crisis means that the prices have risen slightly over the past few years. Contractors and builders are still opting for steel, as the price slowly beings to normalize.
Russia and Ukraine were two of the largest steel exporters in the world and with the two countries now in conflict, the supplies are dwindling. Steel demand has increased rapidly over the past few years, mainly due to larger construction projects such as skyscrapers. Steel is an essential part of any high-rise building due to its strength and functionality.
With timber being affected over the past eighteen months, there have been global timber shortages, again encouraging construction companies to take steel into consideration. The price of wood is at an all-time low right now, but it is not suitable for larger projects, where steel still remains king. Many construction companies are also turning to caulk and cement with recycled concrete being a major choice for residential homes, while steel remains a leader for commercial projects.
“Steel is often used with concrete in larger construction projects,” said Graham Barral, the Director at Atlantic Steel Buildings in Truro, United Kingdom. “Steel and concrete have become in-demand building material choices, as the concrete can be recycled and reused. This provides an environmentally friendly approach to any building project.”
Atlantic Steel Buildings remain a leading steel building supplies provider throughout the United Kingdom with a proven track record, years of experience and transparent services. Full details can be found on their information-packed website.
About Us:
Atlantic Steel Buildings is a leader when it comes to steel buildings in the United Kingdom. This Truro-based company provides a complete turnkey service for industrial, commercial and other projects, providing design, planning, supply and installation. Working under one roof, the company is able to ensure the finest quality products with superior quality customer service and support. Atlantic Steel Buildings caters to projects of all sizes, including self-build options with tough and secure results. Clients can take advantage of their free set of drawings, complete transparency and structural calculations, which are included in the competitive price. Visit https://www.atlanticsteelbuildings.co.uk/to find out more.