There was no significant pricing activity - up or down - in May, and there has been little change in commodity metal costs. Copper, zinc and lead were all down slightly, and nickel was down 5.0 percent, though all four metals remain high relative to the same time last year.
Overall, the market outlook remains steady. Residential activity was down 0.9 percent over March and up 15.6 percent year-over-year. Commercial (building) construction was down 0.8 percent for the month but still up 6.6 percent year-over-year.