Construction industry reels from steel price hike


Real Estate and Housing Developer Association (Redha) Penang chairman Datuk Jerry Chan talking to media during a press conference in George Town, Penang.Star pic by Asri Abdul Ghani/November 04, 2015

Industry hit by a 50% hike in price of steel bars

THE construction industry is entering an unprecedented crisis, as the price of steel bars has increased by more than 50% since January.

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