The outlook for the construction industry includes changes in housing demand, strained global supply chains and spiralling costs as a result of inflation. As a construction industry professional, making the right moves at every step of the procurement process helps reduce risk and maximize profits. This guide will help you understand some of the questions surrounding raw materials sourcing, and whether you have the best strategy to overcome volatility.

Are you confident in the resilience of your supply chain?

As a procurement professional, you’ll understand the need for market-reflective and reliable price data and insights, but there can still be blind spots. Use our checklist to better understand what you could be missing. Examine key questions including:

Do you have tools to monitor price changes in real-time?
Do you have visibility over supply and demand forecasts for the metals and forest products markets?
Do you have a solution for managing rising costs and volatile prices?

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Find out what else is happening in the construction industry

Aluminium demand to benefit from ‘under-appreciated’ role in energy transition

Increasing amounts of aluminium are being used to make solar panels, reduce vehicle emissions and upgrade electricity networks in a structural shift to patterns of long-term aluminium consumption

March 18, 2024

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By: James McKeigue

China ferro-alloys sectors show muted response to 2024 economy targets

The ferro-alloys sector in China has shown a muted response to the country’s economic targets set for 2024 and laid out in the government work report released by Premier Minister Qiang Li on Tuesday March 5 in Beijing, industry sources have told Fastmarkets

March 11, 2024

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By: Jessica Long

Construction industry outlook: Raw materials price trends in 2024

How to overcome volatility in the construction industry

Do you have the tools to overcome supply chain disruptions? Find out below