Construction material pricing has been subject to extreme market swings since 2020. With steel being one of the primary raw material inputs in metal construction projects, it has faced these sharp fluctuations over the last 5 years.  How can contractors and suppliers’ price their projects with these market fluctuations? Join this session, presented by Argus Media associate editor Rye Druzchetta, as he discusses where pricing has been, where it is now, and where it could be going as the market continues to digest rapidly changing trade policy, raw material flows and domestic steel mill investments.

Learning Objectives:

• Gain a better understanding on what drives changes in raw material costs.
• Learn how to mitigate pricing risk for projects.
• Understand what investments are occurring in the US steel industry and how that could impact metal construction raw material supplies.
• Discover how government policy is influencing steel pricing.
• Find out where imports fit into the supply chain and what reliance buyers should have on those trade flows.

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Speaker:

Rye Druzchetta

Associate Editor – U.S. Steel, Pipe, and Tube, Argus Media

Rye has been a business reporter for over 10 years, with his career spanning across Texas. For the last six years he has covered the US flat steel and pipe and tube industries. As a price reporter for Argus Media, he has tracked market trends and weekly prices for hot-rolled coil (HRC), cold-rolled coil (CRC), hot-dipped galvanized (HDG) coil, and plate while writing market-leading news. For the last two years, his work has included pricing OCTG and line pipe products used in the oil and gas industries.