Contractors brace for more pain as material prices climb
Construction Enquirer
JULY 23, 2025
Contractors are being urged to step up planning to avoid getting caught out by fresh global supply chain shocks. A new report from insurer QBE, in partnership with global risk consultancy Control Risks, warns that recent international tariffs on key materials like steel, aluminium and timber are already pushing up costs and impacting jobs. UK firms are particularly exposed due to their heavy reliance on imported aluminium and American timber — both now more expensive due to escalating trade rows
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