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STEEL INCREASES ITS MARKET SHARE

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METALWORKS

The latest Market Shares Survey for Corus by researcher Construction Markets showed that steel frames now hold 69 per cent of the multistorey buildings market (offices hold 71 per cent). Steel's share of the residential market has grown sharply following the shift to apartments, which constituted 40 per cent of starts in 2004, up from 17 per cent in 1999. In particular, high-rise (over four storeys) comprised 11 per cent of starts in 2004, up from 1 per cent five years ago.

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