Construction

Commodity market trends, pricing dynamics and insights into the construction raw materials supply chain

Real-time insights for the construction industry to keep projects profitable and competitive

The construction industry is critical in building a more sustainable future, with emerging trends set to reshape the industry and reallocate profits along the entire value chain. Fluctuating costs and unpredictable demand make it difficult to plan ahead, while there is an increasing emphasis on more energy-efficient designs and sustainable construction practices.

Stay up-to-date, make strategic decisions and tackle the disruptions of the construction industry head-on with Fastmarkets’ construction price data, construction industry forecasting, news and market analysis. Our construction customers get coverage for raw materials including:

  • Metals and mining: Steel, scrap and secondary metals and base metals including aluminium and copper
  • Forest products: Wood products including framing lumber and structural panels
How Fastmarkets helps the construction industry
As a construction industry market participant, you need market intelligence to guide your short- and long-term buying and selling strategies. Fastmarkets’ construction suite is designed to address the most pressing challenges around construction raw materials for contractors, material suppliers/distributors, designers and developers, including steel, scrap and wood products.

Cost volatility 

Fluctuating costs, unpredictable demand and evolving construction project priorities mean you need an agile management approach.

Fastmarkets’ market intelligence and price data for construction raw materials allows you to estimate costs more accurately, and diversify materials and suppliers to hedge against supply chain risk.  

Digitalization

Digital technologies for project planning, design and management are now more widespread than ever.

Fastmarkets helps construction professionals get transparency into construction materials and equipment pricing dynamics, as well as supply chain forecasts and analysis to aid data-driven decision-making. 

Sustainability

Sustainable construction practices and energy-efficient designs are expected to become a standard requirement, driven by regulations, client demands and a focus on lower carbon footprints. 

Fastmarkets gives construction market participants access to expert knowledge and updates to regulatory requirements. 

Get started with Fastmarkets' construction suite

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Learn more about the products and services that make up Fastmarkets’ construction suite:

Market-reflective construction prices, even when markets are at their most volatile.

Commodities covered: Steel, wood products, scrap, base metals

Analysis of the forces moving your markets and how they’ll play out over the next 1-2 years.

Commodities covered: Steel, scrap, base metals, wood products

Breaking news and market coverage from price reports and analysts deeply embedded in the markets.

Commodities covered: Steel, wood products

The construction industry’s top prices
Steel,  aluminium, scrap, pine, as well as framing lumber and structural panel prices are some of the most popular prices for those working in the construction industry today. We assess the prices you see below and hundreds more prices on a daily or weekly basis depending on their liquidity.
 
Our metals price portfolio includes the main inputs for US steelmakers’ rebar melt, which is vital in construction.  We also provide price forecasts for the critical materials, including steel, scrap, base metals and wood products. Fastmarkets continues to evolve in response to market changes, with new green premiums in steel and aluminium to reflect the demand for carbon reduction in supply chains for these core materials.

Looking for a specific price? Search our database for one of our 5,500+ prices

Why Fastmarkets

Fastmarkets’ price data, news and analysis have been used by construction market participants for decades as a way to get transparency into construction materials and equipment pricing dynamics, aid in feasibility assessment and support project cost estimation.

You can also get supply chain analysis and forecasting, access insights into regional and global pricing trends and utilize Fastmarkets’ on-the-ground experts to understand pricing volatility and opacity in local construction markets. 

Why should you use Fastmarkets?

  • Fastmarkets has more than 100 years’ experience in analyzing and pricing commodity markets.
  • We hold benchmark prices in steel, aluminium, copper and many other key materials.
  • We’ve got more than 500 team members worldwide, with price reporters on the ground in key markets, as well as analysts and editorial teams who are researching and reporting on shifting market dynamics.  

Latest construction raw materials news

Our team of commodity market experts and price reporters provide weekly prices and market analysis for the construction industry.

Liberty Steel will idle operations at its Peoria, Illinois, facility starting Monday December 9 through “at least” February 3 “due to a shortage of wire rod and financial difficulties,” an industry observer familiar with the company’s operations said on Monday December 2.

With the race to decarbonize the steel sector gathering pace around the world, Fastmarkets reached out to subject experts in Europe, to discuss the major challenges and opportunities that lie ahead in the new, green steel landscape.

Discover some of the different ways companies can use the Fastmarkets Metropolitan Dashboard.

Read more about the highlights from Fastmarkets’ annual Middle East Iron and Steel conference, which was held on 18-20 November in Dubai.

Steel market participants had varying reactions to US President-elect Donald Trump’s assertion on Monday September 25 that he will impose a 25% tariff of all products being imported from Canada and Mexico into the US, as well as levy a 10% additional tariff on all Chinese imports.

Read a snippet of our weekly lumber commentary, this week assessing the potential impact of Donald Trump’s presidency on the market.

The International Energy Agency (IEA) and the UN High Level Climate Champions (UN HLCs) have developed a roadmap detailing a global implementation plan for governments and initiatives in the steel industry, aimed at accelerating decarbonization, Fastmarkets heard at the 29th Conference of the Parties (COP29) of the United Nations Framework Convention on Climate Change (UN FCCC).

The news that President-elect Donald Trump is considering additional tariffs on goods from China as well as on all products from US trading partners Canada and Mexico has spurred alarm in the US aluminium market at a time that is usually known to be calm.

Unlike most other commodities, cobalt is primarily a by-product – with 60% derived from copper and 38% from nickel – so how will changes in those markets change the picture for cobalt in the coming months following a year of price weakness and oversupply in 2024?

Download our product brochure to learn more about how Fastmarkets construction suite can help you

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Whether you’re interested in learning how to become a customer from our sales teams or looking to get in touch with one of our reporters, we’re here for you.

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Why use a price reporting agency?

Navigate uncertainty and make business decisions with confidence using our battery raw materials price data, forecasts and critical intelligence.

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Fastmarkets combines the commodity intelligence of these familiar names:

Metal Bulletin • American Metal Market • Scrap Price Bulletin • Industrial Minerals • RISI • FOEX • The Jacobsen • Agricensus • Palm Oil Analytics • Random Lengths • FastMarkets and more