Advanced Construction Robotics (ACR) has invented a robot for tying repetitive rebar intersections. Reduced labor, reduced accidents, improved efficiency, 24/7 operation without breaks. Check out the video at the end of the article as well.
How Does ISA Work?
ISA pairs independent rebar fabricators with selected suppliers in a purchasing cooperative (“co-op”) environment. ISA member fabricators can earn rebates when they support our co-op suppliers. Click to read more!
ModernMetals.com reported today that the AIA Consensus Construction Forecast “expects the industry to experience slower growth, at a rate ranging from 3.5 percent to 4 percent, for the remainder of 2017 and through 2018.” Following two years of solid growth, 2017 has not displayed the same promising growth as previously hoped. Economists cite as possible reasons for the slowdown as sluggish U.S. economic growth, general uncertainty and concerns among construction industry professionals, and certain vulnerable construction sectors (e.g. retail, industrial, healthcare and education).
However, it should be noted that while the rate of growth has pulled back somewhat, there is still growth, as evidenced by the continued and “steady pace of construction starts across the country,” according to Attilio Rivetti, Preconstruction and Procurement for Turner Construction Co, and author of the Turner Building Cost Index.
The Portland Cement Association (PCA) has updated its annual forecast of cement consumption to show 2.8 percent growth in 2018. This number is down from the projections released earlier in the year, and are based on poor weather and lower anticipated public sector budgets. However, PCA notes that a strong federal infrastructure bill could have a positive impact on cement consumption.
Historically, rebar consumption has followed cement consumption with nearly perfect correlation.
According to a recent article in American Metal Market (click here; subscription required), the Trump administration is expecting to get results of the Sec. 232 investigations into aluminum and steel imports sometime before the January deadline. Steel industry leaders have urged for immediate action, citing a surge in imports following previous missed deadlines in 2017.
According to import licenses, U.S. long product imports fell 3% in September. This is after a larger 18% drop month-over-month in August. Cumulatively for the first 9 months of 2017, overall long products imports have fallen 6% over the same period last year. This drop is “driven entirely by lower rebar imports,” according to our friends at Nerds of Steel.
Inspiring story about initiatives to promote and develop women as future participants and leaders in the construction industry.
Are traditional market indicators no longer valid? Have underlying assumptions changed enough that we need to rethink how we predict upcoming recessions?
Atlanta suburb moves to ban wood-frame construction for certain building segments, citing fire hazards among other issues.