China announces new steel export quotas for Q3
Z 6.2highChina
Beijing set tighter export quotas on structural steel beginning in Q3, citing domestic infrastructure priorities.
Global buyers expect spot prices for imported rebar and beams to firm over the next two months as supply tightens.
Imported structural steel is likely to get more expensive this quarter.
Should you forward-buy rebar before Q3 quotas bite?
Diesel prices climb on Gulf refinery outage
Z 5.0mediumGlobal
An unplanned refinery outage on the Gulf Coast pushed diesel futures up 7% this week.
Freight surcharges typically follow within ten days, raising the delivered cost of heavy materials.
Delivered material costs will rise as freight surcharges follow diesel.
Worth consolidating deliveries to blunt the surcharge?
AI capex boom reshapes global construction demand
Z 4.4lowGlobal
Hyperscale data-center construction is absorbing skilled trades and electrical capacity across multiple regions.
Analysts warn the pull on electricians and switchgear could lengthen lead times for commercial projects into next year.
Data-center demand is competing for the trades and gear you rely on.
Should you lock electrical subs early for fall projects?