US construction, automotive production outlook upbeat, AISTech told

Non-residential construction activity in the USA could return to pre-recession levels within the next few years, panellists said at the Association for Iron & Steel Technology’s AISTech 2013 conference in Pittsburgh on Wednesday May 8.

Construction levels could be similar to those of 2005-08, Chad Utermark, vp and gm of Arkansas-based Nucor-Yamato Steel and Nucor Castrip Arkansas, said, noting his company’s involvement in a new stadium development in San Francisco. “We could see an explosion in non-residential construction, which has been absent these past few years. We’re still way off the levels we need to be at, but I...


This article was first published by AMM

May 09, 2013

15:40 GMT