Industry players see higher prices for steel bars and cement SPECULATION is rife that the prices of controlled building materials like steel bars and cement are set to increase further in the second half of this year.Late last month, the Economic Planning Unit (EPU) held its first special committee meeting with cement and steel industry players to get feedback on their escalating raw material and operational costs.It is believed that the Government will review the ceiling price of major building materials given the serious “pricing” issue especially in the domestic cement and steel markets.
(4-2-2008 The Star)
