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Could the Construction Sector Support US Steel Demand in 2018?

Could the Construction Sector Support US Steel Demand in 2018?

The construction sector, which includes both residential and nonresidential construction, is the largest end steel consumer. In this article, we’ll look at some of the sector’s leading indicators, which may help us understand how its steel demand (X) could play out this year. Building permits and housing starts are seen as key indicators of residential construction activity.