05
Jun
12:03
UK construction activity shrinks again in May
The news from UK steel using sectors has been all bad over the past week. The latest bearer of ill tidings is the IHS Markit/Chartered Institute of Purchasing (CIPS) UK construction sector activity survey for May monitored by Kallanish.
Traditionally a bulwark of UK steel demand, the construction sector is also beginning to show cracks. This follows the contraction in the manufacturing sector in May (see Kallanish 5 June) and April’s abysmal showing by the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous