Steel Prices Move Downward for First Time in 15 Months as Tariff Impact Decreases

Construction costs increase continued to slow in December, according to IHS Markit and the Procurement Executives Group (PEG). The current headline IHS Markit PEG Engineering and Construction Cost Index registered 53.0 this month, the lowest index figure for 2018. Although prices are still rising (the index remains above 50 for both materials and labor) increases have been less widespread in the last two months....

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