Construction sector adds jobs while spending eases
Construction jobs were one of the drivers in the overall employment rate during the month.
Construction jobs were one of the drivers in the overall employment rate during the month.
The recycled metals market is facing volatility and potential growth, driven by economic and uncertainty, infrastructure expansion, and evolving trade and environmental policies.
“Owners and developers continued to prime the planning queue in August, ahead of next year’s anticipated stronger market conditions."
Infrastructure surge fuels scrap metal demand amid sluggish residential construction
Will ferrous scrap prices remain stable through the rest of the year?
The index had been flat for much of the second half of last year. It then steadily began falling, hitting a two-year low in March, before bouncing back in April.
The decline is accredited to higher-than-expected interest and inflation rates, as well as higher supply costs and tighter lending conditions for builders