Raw Material Shortages a Real Threat to Industrial Output

27 May 2021

A recent BBC news article highlights how the shortage of building materials and increased shipping costs are putting UK projects and companies under pressure.

Delays with imports of raw materials and increased shipping costs, are affecting all industries. The results are potential delays in the scheduling of projects, increased costs for jobs and issues with material availability.

The article goes on to quote the Office for National Statistics which projects a 7-8% rise in material prices with little sign that these pressures will ease before Q4 2021 .

MacLellan urges all of its customers to place orders early and ideally schedule future demands to ensure availability of supply of raw materials.

To read the full article click here.