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Latest Middle East escalation adds pressure to steel and aluminum costs

Daily Commercial News June 13, 2025 1 min read
Construct Connect Canada
Latest Middle East escalation adds pressure to steel and aluminum costs
AI Article Summary

The recent military escalation in the Middle East, with Israel launching missile strikes against Iranian targets, has led to a sharp increase in oil prices. This has revived inflationary concerns among North American construction professionals, particularly impacting the costs of steel and aluminum. The conflict is expected to create additional financial pressures on the construction industry.