Building & Construction
May 15, 2026
Written by Nicholas Bell
This is the second part of a two-part series. Make sure to read Part 1 for an analysis of the Dodge Momentum Index and Construction Starts, the Architectural Billings Index, and the Construction Backlog Indicator.
Investor focus last week remained on the ongoing correlation between US treasury yields and oil prices, especially now that 10-year rates have reached fresh highs.
Rio Tinto will exclusively market billet from RevoCast’s new British Columbia plant under a long-term agreement combining primary and recycled aluminum.
Can Art Aluminum Extrusion has purchased BRT Extrusions in Niles, adding five extrusion presses and finishing operations.
RevoCast has started secondary aluminum billet production in British Columbia, adding more than 80,000 tonnes of annual capacity to Western Canada.
Construction spending indicators show softer architecture billings and private construction spending despite strength in several large project categories.
