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Supplies and demand

Building material costs soar amid competing booms in US, China

By Chris Reidy
Globe Staff / July 7, 2004

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Massachusetts house hunters are well acquainted with sticker shock, but one more thing is pushing up home prices: the cost of nails. The culprit? Voracious demand from a red-hot Chinese economy that's consuming just about anything made of steel, builders and economists said. (Full Article: 914 Words)

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