Uploaded on Jun 4, 2021
Cement, steel, bricks, wood, sand’s prices see huge rise, The construction activities have been hit due to lockdown and shortage of labourers, but the spiraling prices of raw materials have come as double whammy.,The price of cement, steel, bricks, wood, sand, coarse aggregates/construction gravel and other building materials have gone up by 50-100 per cent. On Thursday, leading domestic steelmakers hiked the prices of Hot Rolled Coil (HRC) and Cold Rolled Coil (CRC) by up to Rs 4,000 and Rs 4,900 per tonne, respectively which will impact the construction sector. Many housing projects, which were resumed after the first wave of the pandemic, are likely to come to a standstill again owing to the new crisis.
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