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Sat June 15 2024

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Steel contractors predict 4% rise next year

14 Jul 11 Steelwork contractors expect a 4% increase in the amount of steel that they erect in 2012, followed by a further 5% rise in 2013.

Output for the steel construction sector fell slightly last year from 926,000 tonnes in 2009 to 919,000 tonnes in 2010  and is expected to remain relatively stable in 2011, the British Constructional Steelwork Association reports. 

With output set to increase in the next two years, however, it will be back around one million tonnes by 2013.

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