Mega Projects Swallow Up Supplies

Image Source: hs2.org.uk

HS2 and Hinckley Point add pressure on supply chains for valuable building materials which continues to impact smaller projects.

• HS2 expected to use 20m tonnes of concrete – as much as Britain produces in a year.
• Large contractors order and agree prices in advance, leaving smaller suppliers with nowhere to go for sand and cement.
• Chinese imports are falling behind after factory closures during Covid.
• The Highways Department (Government body) are ‘second in the queue’ to HS2 and Hinckley Point.
• HGV driver shortage and an explosion in demand is adding to the pressure.
• Double digit price rises expected to hit the construction industry next year as a result of the fuel crisis.
• British Merchants Federation (BMF) and Construction Products Association (CPA) set up a task force to help monitor the situation with the Government and the major building projects.

For further information, please contact Ed or Kelly on 01284 365345 or email ed@granitebw.co.uk / kelly@granitebw.co.uk.