Billington warns of further steel price volatility ahead

Structural steelwork contractor Billington today warned of further strong market headwinds to come from price hikes and shortages of steel after unprecedented rises in the last 12 months.
The warning of further price volatility came after the Barnsley headquartered group revealed last year’s pre-tax profits plunged 72% to £1.7m after Covid-impacted sales slumped by 37% to £66m.
Mark Smith, chief executive officer, said that during the period when demand had dropped off, the pri