Methodology 1Q 2026 Cost Report: Tariffs Contributed to Price Hikes for Many Materials in 2025 Alisa Zevin March 24, 2026 No Comments Steel and cement prices saw substantial increases.Read More
Materials 3Q 2025 Cost Report: Prices Rise as Delayed Impacts of Tariffs Hit Jobsites Contractors and developers absorb the hit, pushed by higher steel and aluminum costs Jeff Yoders September 24, 2025 No Comments The producer price index for materials and services used in nonresidential construction rose 0.2% in August and 2.5% from the same month in 2024.Read More
Materials 2Q 2025 Cost Report: As Steel, Aluminum Tariffs Rise to 50%, Feds OK US Steel Sale to Nippon Steel Japan-based buyer’s nearly $15-billion investment could be felt most in electrical steel Jeff Yoders June 18, 2025 No Comments President Donald Trump's June 13 executive order cleared the $14.9B acquisition of U.S. Steel Corp. by Tokyo-based Nippon Steel.Read More
Materials Nippon Steel to Acquire US Steel as Trump Increases Steel, Aluminum Tariffs on China to 50% U.S. government will retain veto over Japanese steelmaker to keep production in the U.S., according to terms of proposed acquisition Jeff Yoders June 2, 2025 No Comments President Donald Trump said he will support an acquisition of U.S. Steel by Tokyo-based Nippon Steel with caveats to retain U.S. control of the company's board of directors.Read More
Materials Biden Calls for US to Weigh Tariff Hike on China-Made Steel, Aluminum Tom Ichniowski April 18, 2024 No Comments Biden wants the U.S. Trade Representative to consider tripling the present tariff level.Read More
Materials US Will Switch to Tariff-Rate Quota for UK Steel Imports Shift in policy is similar to recent tariff agreements with EU, Japan James Leggate March 23, 2022 No Comments The Biden administration replaces a Trump-era tariff on British steel products with an arrangement that allows some goods to be imported duty-free.Read More
Materials New Tariff on Japanese Steel Makes Key Change to Exclusions Deal with Japan includes provisions on remelting and finishing imported steel James Leggate February 8, 2022 No Comments Steel goods imported under the exclusion process will still count toward the quota.Read More
Materials Biden Finalizes EU Steel Imports Deal With Direction to Rework Exclusions Tariff-rate quota arrangement adds duty after 3.3 million metric tons James Leggate December 28, 2021 No Comments President Joe Biden has issued a proclamation on adjusting imports of steel into the U.S.Read More
Construction Materials US, European Union Reach Deal to Replace Trump-Era Steel Tariffs James Leggate November 1, 2021 No Comments A new tariff-rate quota arrangement will only impose duties on steel and aluminum imports from the EU beyond amounts based on demand.Read More
Construction Materials In New Pact, US, Canada, Mexico Cancel Tariffs on Steel, Aluminum Update 5/20: Tariffs officially removed as of May 20 Tom Ichniowski May 17, 2019 No Comments Agreement lifts tariffs of 25% on steel and 10% on aluminum in place for almost a year.Read More