Soaring steel prices eat into company profits, drive up building costs — and possibly what consumers pay

[news]

https://i.cbc.ca/1.6000285.1619207838!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_460/steel-prices.jpg Construction companies and automotive manufacturers are among businesses having a hard time keeping up with the soaring price of steel, and one industry member predicts the increases for the material won't end until sometime in the first quarter of 2022.


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