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Global construction industry continues to recover

Key indicators for construction in the United States, China and Europe continued showing improvement in June and July, although building activity in India was weighed down by a slowdown in infrastructure investment, according to a report shared by the World Steel Association (WSA).
In the US, residential starts jumped 22.6% on month in July, the steepest rise since October 2016. US building permits continued to rise for the third month in July and returned to the pre-pandemic level seen in February, according to the September monthly update for the construction industry of McKinsey

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