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Iron and steel prices

20.7% over 12 months as of Sep 2026

0.0%50.0%100.0%20222023202420252026
Iron and steel prices, last five years. Source: U.S. Bureau of Labor Statistics, retrieved from FRED.

What it measures

The 12-month change in the Producer Price Index for iron and steel.

Why it matters to a small business

Steel prices reach fabricators, HVAC and plumbing contractors, and anyone buying trucks, trailers or heavy equipment.

Recent readings

DateChange over 12 months
Sep 202620.7%
Aug 202617.8%
Jul 202617.7%
Jun 202613.9%
May 20267.3%
Apr 202610.0%
Mar 202610.8%
Feb 202614.8%
Jan 202615.0%
Dec 202512.4%
Nov 20253.4%
Oct 20256.7%

Source

U.S. Bureau of Labor Statistics, series WPU101, retrieved from FRED, Federal Reserve Bank of St. Louis. Published monthly. Official figures can be revised after they are first released.

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