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A new £1 million 'Target Zero' project is looking at five major building types (schools, warehouses, offices, supermarkets and mixed use) and will generate fully-costed solutions demonstrating how to achieve the three highest BREEAM ratings and meet the changes to Part L of the Building Regulations.
It is being observed that world steel prices are developing strongly across all products; driven primarily by significant increases in iron ore prices.
It is emerging that mills are announcing or are planning to announce significant price increases despite the weakness of real consumption in many sectors.
The consensus view is that the current increases of between £50 and £60 for March 2010 will be followed by further increases of, again, around £50 per tonne in June 2010. These may be followed by additional upward movements in the later stages of 2010.
Steel distributors/stockists are, in many cases, likely to seek significantly higher prices than those announced by the mills in order to try to return the supply chain to a viable state.
The indications are that increases of this scale are being planned on sections, plates and generally all structural products.
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