Tag: Construction

Construction indicators strengthened entering Q2, though most momentum was concentrated in data centers and infrastructure projects.

There’s a lot of news to keep track of, so we’re lending a hand with highlights from the past month and what they mean for you.

This project, which the Chicago-based producer expects to reach full production by the end of June, aims to increase total US primary aluminum production by 10%.

The construction market is seeing activity from data centers and the energy infrastructure to support them. But other factors are dragging the sector down: The Iran war is spiking inflation; tariffs are driving up material costs; and immigration crackdowns are hurting labor.

Data center spending is still driving much of the activity in the sector.

Recent earnings from major HVAC manufacturers show residential demand constrained by channel adjustments, while commercial activity - especially in the Americas - remains the primary source of volume support.

The first auction is scheduled for Feb. 19.

“There's absolutely no doubt that aluminum will be a growth platform for us going forward,” said Mark Millett, co-founder, chairman & CEO of the Indiana-based steelmaker.

“Both parties will now solely focus their greenfield development efforts in the United States on the Inola, Okla., site,” the companies said in a press release.

The smelter is expected to be fully ramped up by end of the year, the mining company said.