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News Wire / economy

Sand and Gravel Prices Double Amid Supply Shortages

NDR Info Hamburg 15d Impact 5
Sand and gravel prices have doubled in recent years due to a lack of suitable extraction sites. Gravel companies report they are unable to meet rising demand because new mining areas take years to become available. This shortage threatens future infrastructure projects and residential construction. Elin Halvorsen reports that the scarcity of suitable extraction surfaces is a growing concern for the industry.

Topics

commodities construction supply chain

Developing

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Sources · 7 independent

NDR Info

“Der Preis von Sand und Kies hat sich in den vergangenen Jahren verdoppelt. Sie können die Nachfrage schon länger nicht mehr bedienen, weil neue Abbaugebiete fehlen.”

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