Month: January 2022

Steel shipments rise by 16.7%

U.S. steel mills shipped 7.89 million tons of steel in November, the most recent month for which data is available, according to Washington D.C.-based trade association the American Iron and Steel Institute.

Futures File: Lumber goes viral

Pleasant weather for new construction fueled the continued demand for lumber. At the same time, forest fires and transportation problems in British Columbia hurt lumber supply, creating the perfect storm for higher prices.