GDP is Held Back by Fall in Construction Output

A recent revision of figures by the Office for National Statistics ONS shows that. During the first quarter 0f 2012 that the construction output,  was actually worse then what was reported previously. In fact the actual figure has now been to revised to a contraction of 0.3 as opposed to 0.2 reported earlier on the [...]

Construction In The UK To Still Decline

According to the FT.com construction will almost certainly continue its downwards spiral this year, this is based on the report given by industry forecasts. The main reason for this is spending is falling sharply on public sector projects such as schools maintenance and hospitals repairs.

Together will very little measures to boost the building sector in [...]

Tata The steel Giant Announces £800m Investment Into Its Welsh Plants

According to the BBC Tata the Indian Steel giant as announced its plans to spend £800 million at  its Welsh plant in the coming five years. However an initial investment £240m has already been put forth towards the Port Talbot steel works. This was announced by first minister Carwyn Jones after the meeting with leaders [...]

India Trade Visit Leads to Steel Firm Tata Discussing Mining Plans With Carwyn Jones

According to the bbc.co.uk first minister Carwyn Jones is to discuss the possibility of the Indian steel giant Tata mining in South Wales for coal. When on a visit to India when he meets with the steel firms representative.

He will head a group of academics and business people on a 3 day trade trip from [...]

Ukraine, Turkey and Macedonia Faces Steel Tubes Tax Threat From The EU

According to Bloomberg News the European Union have threatened to curb competition within the EU. By imposing tariffs on steel tubes coming from Turkey, Ukraine and Macedonia to help EU producers.

This was due to a probe conducted by the EU into whether the Turkish, Ukrainian and Macedonian exporters of tubes, pipes and hollow profiles. Were [...]

Construction Leaders Says Budget Missed Opportunity For Construction

According to the construction enquirer they have stated that in the reaction to the budget last week.  that construction leaders have said the the chancellor has failed to desperately needed boost in the short term. To work within the industry which is currently facing a fall of around five percent in output. However there was [...]

Warning By Severfield States More Firms To Quit Steelwork

One of Britain’s largest steelwork contractor as put out a warning stating that the wave of company failures that had hit the sector. Has still to run its course completely. After announcing year end profits halved at six point eight million pounds on static turnover of two hundred and sixty seven million pounds this is [...]

Workers From Thamesteel Are To Lobby MPs At Parliament

In January around 350 workers were made redundant when Thamesteel went into administration. Due to the collapse of a firm based in Kent this has  now resulted in a delegation of 50 former. Thamesteel workers embanking on a journey to London in a attempt to lobby parliament.

With the aim to persuade the government to actively [...]

How To Choose The Perfect Steel Fabrication Company

Over the years here at steel beam we have observed that companies who uses large steel beams and other bigger steel pieces. For their construction projects in most cases are unable to acquire all of their needed materials off the shelf in their first attempt during the procurement phase. This is one of the main [...]

Miracle At The World Trade Center

On Thursday according to the New Jersey Newsroom, a severe accident occurred at the World Trade Center site. Where a cable of crane snapped, sending a deadly shower of thousands of pounds of steel beams 40 stories down smashing through a 18-wheel truck situated below.

Mark Sherank, a 45 year old steam fitter who witness the event said [...]