While the quarantine from the pandemic is coming to an end, its impact on the construction sector will be felt for years to come. The nascent recovery in construction activity will be shaped by the numerous challenges facing the sector. But with every challenge, there is an opportunity that will allow your business to grow and increase profitability.

In this session, we will do a deep dive into the drivers of construction costs, emphasizing how steel’s availability and raw material sourcing can be best understood to minimize risk, reduce project costs, and achieve success. Participants will walk away with a better understanding of emerging market growth opportunities and how to manage through the highs and lows of the construction cycle to win together. 

In his webinar forecast for the U.S. construction market in the coming year, Dodge chief economist Richard Branch notes four primary trends. First, the current material shortages and high prices, driven in large part by supply chain blockages, will remain issues. Second, labor shortages will continue to bedevil contractors. Third, productivity gains will drive profitability. And fourth, changing demographics, market shifts, and other externalities will necessitate flexibility.