Steel Construction Industry Trends - Your Results

Thank you for all those who recently took part in our online poll. We hope the following results give an insight into the current market trends & how as a sector we have been affected.

Albion's findings & comment can also be found in June 09 edition of The Ridba Journal,  Click here to view the article. Comment may also be found in John Jones Construction Industry Blog.

 

1. When do you think confidence levels will increase?

59.3% believe Confidence Levels will start to increase in 6-12 Months, with 18.6% Already Seeing Signs.

2. How long do you feel it will take for market conditions resume to how they were in 2007?

43.6% judge Market Conditions to take 24 Months + to resume to how they were in 2007, 29.1% believe it shall take 18 Months

3. What do you feel will happen to future steel prices in the next 6 months?

46.6% believe Steel Prices shall Remain The Same, 43.1% sense they shall Reduce

4. Do you currently have to heavily reduce margins to compete?

91.4% of participants are heavily Reducing Margins to compete

5. What is the most important aspect considered when you place an order or award a contract?

62.5%  find that Price is the most important aspect when they Place Orders

6. What is the most important aspect you feel your customers consider when placing an order or awarding a contract?

78.6% also feel Price is the most important factor when your Customers Place Orders or award contracts. Reliability is the second most important factor.

7. How is your potential/confirmed order book for the next 6 to 12 months?

78% of participants would describe their Order Book as being Low or Average.

8. How are your enquiry levels?

Enquiry Levels are most commonly described as Very Good (34%) or Average (35.8%)

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Released: 2009-07-10 00:00:00

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