Megaprojects dominate January construction starts, core sectors slide
Total construction starts edged up 0.7% in January to an annualized rate of $1.24 trillion, according to Dodge Construction Network.
Total construction starts edged up 0.7% in January to an annualized rate of $1.24 trillion, according to Dodge Construction Network.
The Dodge Momentum Index (DMI) fell 6.2% in January to 272.7, retreating from December’s downwardly revised reading of 291.0, according to the latest data released by Dodge Construction Network.
Rising global capital and power costs, driven by China's production cap and higher-cost expansion in Indonesia, are resetting aluminum's incentive price, making higher LME levels necessary to unlock new primary capacity outside China.
Architecture firms across the US continued to face weak business conditions through the end of 2025, as economic conditions added to the uncertainty, said AIA.
AZZ Inc. posted record sales in its fiscal third quarter, driven by strong hot-dip galvanizing and coil coating demand tied to infrastructure, energy transition, and data center construction.
Architecture firms reported a modest improvement in billings in October, though business conditions remained soft, according to the latest ABI report.
With infrastructure demand shifting toward digital capacity, Nucor Corp. is positioning itself as the go-to steel supplier for the data center boom.
AZZ Inc. delivered steady results in its fiscal second quarter. While infrastructure-heavy work buoyed its Metal Coatings segment, its Precoat Metals business navigated softer building markets and tariff-driven uncertainty.
This week’s announcement represents $300 million of the $11 billion commitment Nippon made for the government's approval to buy USS.
While US construction markets are far from uniform, recent indicators from June and July paint an unusually fragmented picture.
AZZ Inc. posted record earnings for the first quarter of its 2026 fiscal year on the back of strong infrastructure-related demand and improved operating performance.
Prysmian’s groundbreaking for a 650,000-square-foot, medium-voltage cable facility on Encore Wire’s Texas campus marks a big development in the aluminum wire and cable sector.
Northwest Pipe changes name to NWPX Infrastructure.
The budget proposal has big implications for steel and manufacturing.
We need to address our structural problem with the pricing of solid waste and why we struggle with recycling.
A factor in the sales was customers buying ahead of tariff-related price increases.
The Stargate Project is making big claims. Are they realistic?
All steel, iron, and manufactured products used in federally funded highway projects must soon be made in America. The Department of Transportation announced all waivers to the Buy America requirements for federal infrastructure projects will soon be terminated. Effective March 17, the DOT’s Federal Highway Administration will implement a final rule that will end its […]
AGC said Trump should be “sparing” in imposing new tariffs and exclude products needed for domestic manufacturing, energy and infrastructure.
The steelmaker is completing construction of two such production facilities in Alabama and Indiana.
AZZ Inc. is looking to make some deals after focusing on paying down debt.
The American Iron and Steel Institute (AISI) lauded the recent passage of a water resources bill in Congress.
So far, nearly $570 billion in funding has been announced for over 66,000 projects and awards.
Construction spending in the US picked up in September and maintained a notable year-over-year (y/y) rise.
SMU Steel Summit 2024 speakers weighed in on an array of topics surrounding the electric vehicle movement, including advancements in technology and infrastructure, consumer adaptation, and regulatory challenges
“The US economy, despite some near-term weakness I suggest in early 2025, is going to be strong," Dr. Anirban Basu said this week.
CRU Principal Analyst Henry Hao discusses China's recently reconfigured policy agenda, which could have significant implications for the global commodity markets.
Nucor has lowered the 2024 production estimate for its Brandenburg, Ky., plate mill due to soft market conditions.
SSAB said lower plate prices in the US were the primary reason for reduced results in the second quarter. With a dismal Q3 outlook, the Swedish steelmaker is adjusting production across its facilities. That includes moving up its annual US mill outage in anticipation of a better Q4. SSAB Americas Revenues in the Americas segment […]
The United Auto Workers (UAW) and United Steelworkers (USW) unions have thanked President Biden for his service following his announcement that he is no longer seeking re-election.