Shortage of Building Materials
Posted on May 26, 2021A recent BBC news article highlights how the shortage of building materials and increased shipping costs are putting UK projects and companies under pressure.
An increase in the demand for projects, sourcing scarce materials, delays with imports and increased shipping costs, are all affecting the construction industry. The results are long delays in the scheduling of projects, increased quotes for jobs and issues with material availability.
The article goes on to quote the Office for National Statistics which projects a 7-8% rise in material prices.
UKGSA Members supply a range of products to the construction industry such as seals, gaskets, sheeting, insulation and washers, and may be affected by these issues.
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