NORFOLK, Va. — On Wednesday, President Donald Trump's executive order takes effect, doubling tariffs on all foreign steel and aluminum imports from 25% to 50%. In a post on X, Trump said the ...

With the new investment, U.S. Steel's Keewatin Taconite, or Keetac, plant will produce pellets with a higher iron content than the traditional pellet. Construction started recently and is expected ...

Construction crews pour concrete and erect steel faster every year, yet one stubborn line item keeps projects over budget: paperwork. A 2024 McKinsey analysis noted that “the industry is lacking ...

“Construction input prices declined in April, but that was largely due to falling energy prices,” said ABC Chief Economist Anirban Basu. “Materials directly affected by tariffs saw sharp price ...

Recent data from the U.S. Census Bureau shows construction costs went up by 17.5% year-over-year from 2020 to 2021, the largest spike in this data from year to year since 1970.

At the opening keynote of the North American Steel Construction Conference April 2 in Louisville, Ky., the American Institute of Steel Construction introduced and announced "Clark,” an ...

The biggest users of steel include the construction industry, which consumes 47% of U.S. steel. The automotive industry accounts for another 25% of domestic steel use, according to the Tax Foundation.

Steel coils sit on wagons leaving a factory in Duisburg, Germany on March 2, 2018. New tariffs imposed by President Donald Trump could raise the cost of manufacturing and consumer goods in Houston ...

During the first week of April, experts on all things structural steel convened at the Kentucky International Convention Center in Louisville for NASCC: The Steel Conference, an annual gathering ...

In conclusion, despite the levies that were well intended, the local price of steel has increased by approximately 60 per cent. As a result, the cost of construction has since shot up.

A construction industry advocacy group says delays to the Pattullo Bridge replacement project can be blamed, in part, on the province’s reliance on Chinese steel. Originally set to be finished ...