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How is the industry dealing with rising prices?


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The most recent challenges have arisen in the sourcing and availability of raw materials and coping with the rising cost of inputs.
Steel is our greatest cost
Colin Egan, Banagher Precast concrete,
Co Offaly
Banagher Precast Concrete is encountering price hikes and supply chain issues but remains upbeat about the rest of 2021, according to Colin Egan. The company has had to adjust to operating in the midst of a global pandemic and Brexit.
The most recent challenges have arisen in the availability of raw materials and the cost of inputs: “There have been relentless price hikes on some of our key raw materials in recent months. The increase in steel is well documented and despite us being a concrete manufacturer, steel would be our largest material cost here due to the high level of reinforcement in our products.” ....

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