Data centers are eating up steel. Developers are now looking at timber.
Published . Updated .
Surging steel costs and longer lead times are pushing data center developers to consider alternatives, Skanska executives said during a webinar.
Directly affected
- No company is named in this report.
Indirectly affected
- ABAT AMERICAN BATTERY TECHNOLOGY
GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- ACM AECOM TECHNOLOGY CORP
GA selected ACM as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- AOSL ALPHA & OMEGA SEMICONDUCTOR LT SHS
GA selected AOSL as a RELATED security because its canonical security name directly matches this event's themes: semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- AQN Algonquin Power & Utilities Corp
GA selected AQN as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- CMC COMMERCIAL METALS CO
GA selected CMC as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- CRDO CREDO TECHNOLOGY GROUP HOLDING
GA selected CRDO as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
Surging steel costs and longer lead times are pushing data center developers to consider alternatives, Skanska executives said during a webinar.
Source: Construction Dive
American Battery Technology (ABAT) since this story, compared with the market
Since the first closing price after “Data centers are eating up steel. Developers are now looking at timber.,” American Battery Technology (ABAT) is -36.00%. The S&P 500 fund (SPY) is +0.52% over the same days, a -36.52% difference versus the market.
Who reported a American Battery Technology (ABAT) trade near this story
- Donald J Trump buy Aecom (ACM) ($1,001 - $15,000). That is 19 days before publication, inside 30 days. The filing is listed beside the story “Data centers are eating up steel. Developers are now looking at timber..”
- Donald J Trump sell Aecom (ACM) ($1,001 - $15,000). That is 23 days before publication, inside 30 days. The filing is listed beside the story “Data centers are eating up steel. Developers are now looking at timber..”
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around American Battery Technology (ABAT)
Companies tied to this story
- ABAT American Battery Technology
American Battery Technology (ABAT) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Data centers are eating up steel. Developers are now looking at timber..” Reason on file: GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ACM Aecom
For “Data centers are eating up steel. Developers are now looking at timber.,” Aecom (ACM) is linked, with no stored direction, medium confidence. Reason on file: GA selected ACM as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- AOSL Alpha & Omega Semiconductor
In “Data centers are eating up steel. Developers are now looking at timber.,” Alpha & Omega Semiconductor (AOSL) is linked, with no stored direction, medium confidence. Reason on file: GA selected AOSL as a RELATED security because its canonical security name directly matches this event's themes: semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- AQN Algonquin Power & Utilities
Algonquin Power & Utilities (AQN) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Data centers are eating up steel. Developers are now looking at timber..” Reason on file: GA selected AQN as a RELATED security because its canonical security name directly matches this event's themes: power. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- CMC Commercial Metals
Commercial Metals (CMC) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Data centers are eating up steel. Developers are now looking at timber..” Reason on file: GA selected CMC as a RELATED security because its canonical security name directly matches this event's themes: metals. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- CRDO Credo Technology Group Holding
For “Data centers are eating up steel. Developers are now looking at timber.,” Credo Technology Group Holding (CRDO) is linked, with no stored direction, medium confidence. Reason on file: GA selected CRDO as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
American Battery Technology (ABAT)
On 16 Sep 2026, “Data centers are eating up steel. Developers are now looking at timber.” is the story that connects American Battery Technology (ABAT) to this story.
American Battery Technology (ABAT) is on the page because GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Aecom (ACM) is here too. Its reason reads: GA selected ACM as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Price levels for American Battery Technology (ABAT)
ABAT traded between 1.42 and 2.42 across 20 sessions. The latest close on file is 1.44. ACM traded between 56.41 and 63.73 across 20 sessions. The latest close on file is 57.99. AOSL traded between 21.68 and 30.88 across 20 sessions. The latest close on file is 22.59.
How strong the case is around American Battery Technology (ABAT)
46 out of 100
“Data centers are eating up steel. Developers are now looking at timber.” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.