Although ENR’s indexes measure the costs of non-residential buildings, the housing market has had a major impact on index movement. The ENR 20-city average yearly price for steel rose 11.2% by the end ...
In 2026, steel building projects require careful budgeting as costs vary widely by size, design, and location. Beyond the basic shell, expenses like site preparation, labor, foundation work, and ...
It’s been a down year for one of the commodities that props up a lot of the construction and manufacturing that goes on in this economy: steel. Prices for the metal have fallen about 40% since the ...
Trump's 25% steel tariffs could drive apartment rents and condo prices even higher. Higher-rise buildings that require more steel are expected to see inflated construction costs. Developers may delay ...
Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump imposed a 50 percent tariff on imports. By Peter Eavis American steel makers ...
Weak domestic demand in China has led to a significant drop in steel rebar and h-beam steel prices, impacting global steel markets. The US construction industry, hampered by high interest rates, is ...
Business activity index fell to 17-month low in February Manufacturers that rely on steel revise financial forecasts due to tariffs White House says tariffs give US metal producers breathing room, ...
BMI, a unit of Fitch Solutions, maintained its 2025 global average steel price forecast at $730/tonne, expecting prices to edge higher driven by protectionist measures under Donald Trump, offsetting ...