Industry Insights August

Sparks from Steel

Construction Industry Insights August 2022 Activity remains weak in the construction sector with the value of planning approvals falling. Despite the rising inflation, fragile consumer confidence and higher interest rates, July was another good month for contract awards. The value of contract awards has increased by 13% for the second month running, providing some respite […]

Steel price increase and predictions for Q3 and Q4 2022

Elland Steel logo

What is causing the steel price increases? Record high price increases were imposed for structural steel in September, January and March. Unprecedented pressures forced British Steel to increase steel section prices by a staggering £250 per tonne earlier this year.  The war in Ukraine was cited as a pivotal factor, as it deprived access to […]

Industry Insights July

Elland Steel logo

Construction Industry Insights July 2022   Contractions across almost all sectors and regions mean the construction industry is in a “period of decline”, the latest performance figures show.   Even pockets of reasonable activity – across the North West and Northern Ireland, and within the Infrastructure sector – do little to detract from overall weak […]

Industry Insights June 2022

Circular Hollow Section being cut with sparks

The construction industry is settling into a “subdued” period following 2021’s ‘post-Covid’ boom, experts suggest June’s industry insights and the latest analysis from commentators at Barbour ABI and Glenigan show ongoing fluctuation in activity. The outlook for the construction industry remains the same as it has for much of 2022, showing altogether more settled activity […]

Industry Insights – Q1 2022

Elland Steel logo on top of building site

Encouraging figures point to a stable year ahead for the construction industry The construction industry has enjoyed a steady start to 2022, with encouraging output figures being reported by sector commentators.   Both national and industry data – from the ONS, Barbour ABI and Glenigan – point to the year ahead offering more predictability and […]

Construction industry insights – April 2022

Circular Hollow Section being cut with sparks

Peaks and troughs continue for the construction industry The construction industry continues to set records even in spite of “persistent pressures”.   Latest analysis from industry commentators shows both peaks and troughs in activity as planning applications and approvals, contract awards, and project starts are all reviewed.   Sectors like Residential show promising signs for […]