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16 Jul
01:00

Increasing US construction activity to benefit Insteel Industries in H2

The recovery in the US non-residential sector will gain traction in the second half of the year after heavy rainfall limited construction activity in key regions in H115, says US longs producer Insteel Industries. Macro indicators and customer sentiment are indicating growth over the next two quarters, Insteel executives said on an earnings conference call monitored by Kallanish. Seasonal and cyclical trends are expected to drive capacity utilisation higher …
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