TOKYO -- Prices for architectural steel in Japan have risen to the highest levels in more than a decade as Russia's invasion of Ukraine disrupts supply chains for a wide range of building materials, including wood and cement.
Commodities
Steel prices turn red hot for Japan builders on Russia shock
Materials cost surge puts factory construction plans on hold
Kyoei Steel and others in the industry are paying more for scrap steel to feed their furnaces. (Photo by Atsushi Oka)
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