Building services news | Latest Construction News - Part 22
As rising energy prices reduce profit margins for businesses across Europe, British Steel has increased prices on some products. According to a representative on Tuesday, structural sections, a type of steel used in construction, will be subject to a hike of £100 ($121) per tonne from one of the leading producers in the UK. According to a March article in The Times, the corporation has previously raised the cost of the same products by $250 per tonne. Europe's heavy industry is collapsing under rising electricity prices, which are particularly painful for enterprises that use a lot of energy. Tuesday saw an all-time high for regional benchmark power prices, and nations throughout Europe are preparing for potential power shortages this winter after Russia reduced its gas exports due to the invasion of Ukraine. Some industries have responded by decreasing supply; zinc company Nyrstar stated Tuesday it would suspend output at a sizable smelter in the Netherlands. Others, like British Steel, are attempting to pass on rising electricity costs to customers. However, that may become more challenging as European steel prices decline in anticipation of weaker regional economic activity hurting demand.

British Steel can’t absorb high energy costs; prices are increased

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As rising energy prices reduce profit margins for businesses across Europe, British Steel has increased prices on some products. According to a representative on...
Arcadis: Construction is to Avoid a Hard-Landing Recession

Construction to avoid hard-landing recession

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Leading cost advisor Arcadis is issuing a warning that the current market cycle has peaked as the effects of record increases in energy prices...
Willmott Dixon to deliver £65m Peterborough housing scheme

Willmott Dixon wins a police station revamp contract

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Willmott Dixon has been appointed with a £12.8m contract for the operations base at Bamfurlong, between Gloucester and Cheltenham. This is to create a...
New Broadgate towers approved by City of London

New Broadgate towers approved by City of London

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A 35-storey construction at 2 Finsbury Avenue was approved by the City of London Corporation. The office-led scheme, by British Land and GIC (Singapore's...
List of winners confirmed for £80m demolition framework

List of winners confirmed for £80m demolition framework

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The deal which will last for four years has been set up with the confirmed list of winners for £80m public sector demolition framework....
Panthera Group to be the sole supplier of plastic hoardings for Skanska

Panthera Group to be the sole supplier of plastic hoardings for Skanska

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Skanska UK negotiates Panthera Group to be the sole supplier of hoardings for the firm’s construction sites. After a 14-month negotiation process, Panthera has...
£650m housing upgrade framework set for bidding process

£650m housing upgrade framework set for bidding process

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A £650m repair and maintenance framework is called on for bids by the regional procurement body Efficiency North that covers the North West and...
Robot bricklayer machine implemented in house construction for the first time

Robot bricklayer machine implemented in house construction for the first time

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A robotic block and bricklayer is working in construction of a home as the first machine created by Pocklington-based Construction Automation firm is implemented....
Plans developed for 18-storey Sheffield tower

Plans developed for 18-storey Sheffield tower

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KMRE Group, which is known as the Leeds construction developer, has designed plans for an 18-storey student rooms tower block in Sheffield city centre....
A2Dominion Housing Group

A2Dominion steps in search for contractors to sign £900m new-build deal

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A2Dominion Housing Group has called up preferred builders for the next four years for construction works in its place. Starting from April 2021 to...

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