Material concerns: What the global energy crisis means for construction
12 April 2022
Russia’s invasion of Ukraine is sending already stretched costs of steel and concrete soaring. Lucy Barnard finds out how the construction industry is one of the most exposed to the global energy crisis and how super high gas bills are impacting projects
In the German city of Stuttgart cost overruns are a sore point. Work on the Stuttgart 21 megaproject to redevelop the city’s historic railway terminus and reconfigure it as a cutting-edge underground transport hub is already three years late and more than three times over budget.
Reasons for the drastically…
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