Cost Breakdown: 4 Reasons Stainless Steel Costs Substantially More in 2020
Stainless steel prices grew 7% from 2019 to 2020. Here are four factors attributing to the recent rise in stainless steel costs.
Bob Mewis is the Principal Engineer of RSMeans data from Gordian and brings over 35 years of construction industry experience in both the public and private sectors. For the last 25 years, his experience as a practitioner and manager of cost estimating services, training and cost research for RSMeans data makes him a key asset when generating independent cost estimates. Bob is a licensed construction supervisor in Massachusetts and has been involved in professional building and remodeling for most of his career. He is an active member of the American Society of Professional Estimators and the Association for Advancement of Cost Engineering, and he has worked as a professional estimator responsible for pricing construction projects from conceptual to working drawings.
Stainless steel prices grew 7% from 2019 to 2020. Here are four factors attributing to the recent rise in stainless steel costs.
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