With timber and steel prices skyrocketing, construction costs are surging out of control Construction & Engineering Flavio Macau 7 September 2022 There is no indication timber prices will go down again, as they did in 2020. As for steel, 2013 was the last time there was a significant price reduction.
John Durie: As the price of steel rises 10%, tradies are at the mercy of a Bluescope monopoly Construction & Engineering John Durie 25 February 2022 In markets where there is competition, there is some check on price rises. But where there is none, it’s a free run for monopolists like Bluescope.