- Aug 9, 2017
- 5,236
- 7,823
If this graph is anywhere near correct , steel used for construction has well oustripped inflation.Since we built the stadium or are those jumps more recent in the last 6/12 months? Thought inflation was cooling!
Fabricated structural steel price index UK 2022 | Statista
In 2022, the price of fabricated structural steel increased in the UK by 26.6 percent. UK steel prices had an even higher growth rate in 2021.
www.statista.com
The other factor with our place was that an awful lot of the materials came from EU countries and the pound dropping after Brexit added around 20% to some costs. Anyone planning a new stadium would have to take all this into consideration.
Cullen wrote: “Brexit has added a straight 20 per cent on costs for foreign goods due to the exchange rate, overtime working and increased construction costs similarly.