Costing Steelwork 13: Market update

Costing Steelwork is a series from Aecom, BCSA and Steel for Life that provides guidance on costing structural steelwork. This quarter provides a market update and updates the five cost models previously featured in Costing Steelwork.

The covid-19 (coronavirus) outbreak spreading rapidly across the world has upended global and domestic economies. At the time of writing, the pandemic is creating a rapidly evolving situation, with expected large impacts to economies and domestic industry sectors across the world.

Until the outbreak, UK business sentiment indicators were holding up, broadly speaking, against a backdrop of general uncertainty. Measures of business confidence had made something of a rebound over Q1 2020.

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