Steel and Cement Prices Soar, Kenya's Construction Costs Are Pushed Up

2022-06-01 14:55:35

The conflict between Russia and Ukraine has caused the price of materials such as steel and cement to soar rapidly, further pushing up the cost of construction.

Kenya's domestic raw material and energy prices have been rising since the end of

last year. The conflict between Russia and Ukraine has caused the price of materials such as steel and cement to soar rapidly, further pushing up the cost of construction.

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The conflict between Russia and Ukraine has caused the price of materials such as steel and cement to soar rapidly, further pushing up the cost of construction.

2022-06-01 14:55:35

Huaxin Building Materials (600801. SH) announced that the company signed an Exclusive Agreement with Brazilian National Iron and Steel Corporation to acquire shares of Brazilian Cement Company with a value of 12.7 billion reals (about 15.868 billion yuan).