Steel prices could only rise significantly, said Narendran TV, the general director of the company “Tata Steel”, the leading Indian steel producer and a company that is known as a giant in the world.
In the last seven to eight years, the average price of hot-rolled steel was around $ 400 per metric ton, while the long-term average in the coming years will probably be above $ 600, Narendran estimated, adding that the price is already $ 750 in China and $ 850. dollars in Southeast Asia.
And the increase in the price of steel could be an additional blow to the prices in Serbia, primarily to products by dependent industries.
The price of construction materials has already risen drastically, it is estimated at an average of about 40 percent, some products have become more expensive, and the epilogue is more expensive craftsmen and more expensive square meters, reports Blic.
The increase in the price of construction materials started at the beginning of the year. At first, the prices were increased by five to ten percent, and already in March, the price increase accelerated. In the meantime, steel has risen in price by more than 50 percent, and higher prices were also recorded for thermal insulation materials, reinforcement, OSB panels, formwork and facade nets …
“Everything seems to have become more expensive, from the paintbrush to the tile. Traders tell us that their suppliers are announcing price increases almost every day and that these are imported goods, mostly from China, which went up to 40% more, but also from Europe. “Now they are announcing a new increase in the price of steel, and knowing how much it participates in the construction, we should expect a higher price per square meter,” said a Belgrade entrepreneur recently.
Speaking about the increase in the price of square meters, Goran Rodić from the Construction Chamber of Serbia says that it depends on the investor.
“The pandemic has mostly affected the price of construction materials, but labor has also become more expensive. However, everything is up to investors. In case the demand stays at this level or increases, the price per square meter will go up proportionally. I am afraid that material prices will On the other hand, if the demand falls, so will the price, “Rodic told Blic, citing the fact that our country is dependent on imports of these goods as the main factor in the rise in construction material prices.
According to RGZ data, the average price of a square meter in the capital, in a new building, is 1,981 euros.
It should certainly be borne in mind that the price per square meter in some parts of Belgrade is as much as several thousand euros, while in some locations it is still possible to find a figure of 800 to 1,000 euros. These are Miljakovac, Zeleznik, Mirijevo, Borca, Petlovo Brdo.
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