05-01-2023 09:11 via constructionenquirer.com

Contractors reeling at latest building products price hikes

Contractors are facing months of more building products price rises despite a drop in raw material and energy costs.
Plasterboard manufacturers have been the first to act in the New Year with major manufacturers increasing prices by up to 17% while insulation materials are set to rise by around 10%.
Data compiled by building products distribution giant SIG shows a series of other rises planned over the coming months including 10% hikes in roofing tiles.One contractor said: “The situation i
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