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Prices Slip After Last Spring’s Spike - ENR | McGraw-Hill Construction

Publication Date: 24-SEP-08
Author: Tom Nicholson
Format: HTML

    
Description:
After staggering price increases during the past year, prices for structural steel this quarter appear to have stabilized as indexes begin to show the first signs of a long-awaited correction. The leveling-off of structural steel prices this month follows a drop in scrap metal prices over the last two months and fat inventories that producers have accumulated this year amid waning demand.
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