Steel Markets

Dodge Momentum Index Slips in March
Written by Sandy Williams
April 9, 2015
The Dodge Momentum Index, an initial report for nonresidential building projects in planning, slid 2.1 percent to 122.3 in March. The initial reports for project planning lead construction spending for nonresidential buildings by a full year. In general, the trend has been upward for the past 12 months. The index has gained 12 percent in the first three months of 2015 as compared to the same period in 2014. Dodge Data & Analytics expects construction starts to continue to increase through early 2016.
Planning activity in the commercial sector fell 1.9 percent in March. Institutional sector project planning fell 2.4 percent.
Ten projects valued at $100 million or more began the planning stage in March—seven in commercial and three in institutional.
Below is an interactive graphic of the Dodge Momentum Index History, but it can only be seen when you are logged into the website and reading the newsletter online. If you need any assistance logging in or navigating the website, contact us at info@SteelMarketUpdate.com or 800-432-3475. You may also view this chart on our website here.
{amchart id=”125″ Dodge Momentum Index}

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Markets

Still no cure for the summertime HR market blues
Seasonal steel slowdowns combined with ongoing anxieties about tariffs and mill strategies have dampened sentiment for several hot-rolled steel market participants this week. Buyers are jittery, market stands still The operator of a Midwest-based service center said that steel buyers are scared. “Everyone is afraid to buy steel right now. Unless you’re on a […]

SSAB Americas reports higher Q2 production and shipments
Despite improved operating results, SSAB Americas' second-quarter and H1’25 profits fell short of those of last year.

Global steel production slips in June
The total volume of raw steel produced around the globe fell by 5% from May to June, according to recent data published by the World Steel Association (worldsteel).
Market sentiment shows improvement: PMA Business Conditions Report
Metalforming manufacturers say they’re more confident that near-term economic conditions are improving

Galvanized steel prices and demand remain stagnant in July: HARDI
Galvanized steel prices ping-ponged in the $50/hundredweight range during the month of July, settling in at roughly the same position as in June.