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How to overcome volatility in the construction industry

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

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
Rolls upon rolls of galvanized steel
China’s manufacturing sector tipped to lead steel demand, overtaking sluggish construction sector

China’s manufacturing sector is overtaking its construction sector in driving the country’s demand for steel, in a shift that is expected to benefit flat steel products more than long steel ones, an industry expert said at a recent industry conference.

April 5, 2024
 · 
By: Zihuan Pan
European flat steel
China’s manufacturing sector tipped to lead steel demand, overtaking sluggish construction sector

China’s manufacturing sector is overtaking its construction sector in driving the country’s demand for steel, in a shift that is expected to benefit flat steel products more than long steel ones, an industry expert said at an industry conference on Friday March 22

March 26, 2024
 · 
By: Zihuan Pan
Construction, Construction Crane, Urban
China’s new 2027 “green construction” target to boost domestic steel decarbonization

China’s National Development and Reform Commission (NDRC) has set a target for the building of green and low-carbon high quality buildings from 2027 to make significant improvements in energy-saving and carbon emission reduction in the construction sector, it said in a notice on Friday March 15 2024

March 25, 2024
 · 
By: the Fastmarkets team
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