Volatility of Steel Commodity Pricing: Q3 2021

Structural steel is used in nearly every construction project in the U.S. and around the world today. While a universal material, there has been a significant increase in steel commodity demand and price and decreased availability in recent months leading to extreme volatility within the market. Ongoing construction projects have been affected through sourcing delays and material price increases. This has also created unique challenges in estimating future project timelines and the price of materials in a quickly shifting marketplace.

In this report, HITT Contracting's Preconstruction team provides their perspective on the current state of steel. Download the full report to read more.