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...

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This article was first published by AMM

May 09, 2013

15:40 GMT

Pittsburgh