Asphalt price spike makes concrete more competitive

07/1/2009 | Finance and Commerce (Minneapolis)

The higher cost of asphalt has prompted more cities to consider using concrete for paving projects. Last year, asphalt prices climbed by up to 40% in some parts of the country. The higher costs make concrete, which was typically more expensive, more competitive on price. Supporters of concrete also say it is easier on the environment. Meanwhile, asphalt supporters note that some asphalt mixes now include recycled shingles.

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Finance and Commerce (Minneapolis)

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