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Construction & Engineering news

Sarcea reports shortages in steel reinforcing bar

3 Dec 2012 15:21
According to BDLive, the South African Reinforced Concrete Engineers Association (Sarcea) said it received information of potential shortages in steel reinforcing bar used in construction. It said shortages have started causing unreliable deliveries to construction sites and this could signal escalating shortages in the first quarter of next year.
Despite a continuing lack of work in South Africa's construction industry, members are stating some shortages "are starting to appear in the availability of rebar from the mills," Sarcea said.

"Word has it that there is a shortage of scrap metal, which is the base material used by two of the three major manufacturers," The association said in a statement, adding that "the other" major producer had indicated it would be closing down production facilities for planned and "necessary" maintenance in December. Sarcea concludes "it can be anticipated that price increases will be forthcoming," BDLive reports.

Read the full article on www.bdlive.co.za.
    
 
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