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03 Aug
21:17

Insteel expects robust demand from US construction industry

The construction industry's demand for wire rod in the US has yet to reach its peak, suggests North Carolina-based US producer Insteel Industries. Insteel believes that federal stimulus granted by the Infrastructure Investment and Jobs Act (IIJA), in combination with the mandate for domestically-produced materials for construction projects, will lead to increasing demand throughout the rest of this fiscal year. "We're pleased with our third quarter r…
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