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

European metal scrap industry urges against EU action on exports

The European steel and aluminium scrap industries urged the European Commission on Wednesday January 15 against taking action to curb scrap exports after domestic industry metals producers backed measures to do just that.

January 16, 2025

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By: Declan Conway

Could Southeast Asia become the next big aluminium scrap processing hub in 2025?

Renewed US-China trade tensions with Donald Trump’s second presidential term could bolster Southeast Asia’s aluminium scrap industry in 2025, particularly amid still-growing Chinese demand, sources told Fastmarkets by Tuesday, January 14.

January 15, 2025

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By: Ross Yeo

Fastmarkets forecasts global crude steel production to increase year-on-year in 2025

How to overcome volatility in the construction industry

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