Lumber and steel markets look to Biden’s infrastructure plan for their next big boost
April 16, 2021 at 12:27 PM EDT
There’s little doubt that demand for lumber, steel, and other commodities will get a boost from President Joe Biden’s $2.3 trillion proposed infrastructure package. Prices for some building materials, however, have already booked phenomenal gains in the first three months of the year, potentially setting limits on an extended rally.