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

Turkey restricts steel exports to Israel amid continued Gaza conflict

Turkey has announced a halt on exports to Israel of a range of steel, aluminium and copper products amid the continued conflict in Gaza, the Turkish Ministry of Commerce said on Tuesday, April 9.

April 10, 2024

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By: Lee Allen

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

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By: Zihuan Pan

China’s manufacturing sector tipped to lead steel demand, overtaking sluggish construction sector

How to overcome volatility in the construction industry

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