Steel Mills
July 21, 2020
HARDI Wholesalers See Weakening Commercial Construction
Written by Tim Triplett
Wholesalers who sell HVAC and galvanized steel products to the construction sector report a market that is sharply split. In a conference call this morning, members of the Heating, Air Conditioning & Refrigeration Distributors International (HARDI) said demand from residential building is surprisingly healthy despite the coronavirus pandemic, while nonresidential/commercial construction is weakening.
“I have seen some pretty negative reports on commercial construction. There’s a pretty stark difference in the number of megaprojects in the works compared to last year,” said one HARDI member.
