US Construction Lead Times Reach 100 Weeks

Across Global markets, metals pricing is rising. Aluminium briefly eased after a ceasefire, then climbed again as renewed fighting disrupted Strait of Hormuz shipping.
Nickel prices are rising with shipping disruptions from Indonesia. Concrete is climbing on higher energy, transportation, and raw material costs, though local supply shapes impacts.
Insulation pricing climbed too, led by petroleum-dependent polyiso board. Manufacturers announced further increases of ~5%-8%, adding to earlier hikes of ~6%-12% recently.
Gypsum and steel stud makers also announced price increases, citing higher material, energy, and transportation costs, while weak residential demand helped limit actual impact.
Lumber hit a 4-yr high as Canadian import tariffs and mill cutbacks tightened supply; lower futures hinted at easing ahead, while lead times kept stretching.