Printed from BusinessInsurance.com

Extreme demand forces steel producer to stop taking orders

Posted On: May. 12, 2021 9:34 AM CST

Steelwork contractors are now worried about steel supply as the U.K.-based manufacturer British Steel Ltd. abruptly stopped taking new orders on May 11 citing capacity constraints amid extreme demand, Construction Enquirer reported. The decision could trigger an increase in steel prices and could impact building projects later this year.

Read more.