UK steel contractors are ready to handle demand of 1M tonnes per year by the end of this decade, a report has found.
A forecast from the British Constructional Steelwork Association earlier this year predicted a 12% hike in demand for the material from the growing construction industry over the four years from 2015.
This would mean the industry supplying 1.05M tonnes in 2019 – in excess of the current estimated production capacity of 937,000t.
But a new report from professional services firm KPMG has found that UK steel contractors – who buy the material from producers and fabricate it in factories into bespoke shapes before erecting it on sites – could rapidly gear up to meet this demand.
The study found that use of agency staff and night shifts, along with maximising use of existing facilities, could add between 205,000 and 406,000 tonnes to the sector’s capacity within 12 months.
BCSA director-general Sarah McCann-Bartlett said: “It is clear that with sufficient UK capacity to meet future demand for constructional steelwork, there is every reason to use a UK steelwork contractor.”