Material price index

Steel Price Index Over Time: 2026 BLS Chart

The BLS PPI: Steel mill products index reached 361.439 in June 2026, up 16.9% over one year and up 5.3% over five years.

Latest BLS index - June 2026

Refreshed July 16, 2026 from the BLS Public Data API v2. BLS may revise preliminary PPI values after first publication.

Index value
361.439
1 year
+16.9%
5 years
+5.3%
10 years
+111.7%

Steel index trend

Monthly BLS observations for series WPU1017.

June 2018213.9

June 2018 to June 2026 · 5 monthly observations

439.3370.1300.8231.6162.4June 2018June 2020June 2022June 2024June 2026

Source: U.S. Bureau of Labor Statistics. Updated July 16, 2026. Price index, not a local supplier quote.

Methodology

The latest value is the newest monthly observation returned for BLS series WPU1017. The 1-year, 5-year, and 10-year changes compare it with the same calendar month in the earlier year, not an annual average.

The interactive chart and downloadable CSV use every monthly observation returned in the 12-calendar-year update window. The chart defaults to 10 years and can show 1 year, 5 years, or the full available window. BLS series can use different reference periods, so compare percentage movement across materials, not raw index levels.

Latest BLS note: Preliminary. All indexes are subject to monthly revisions up to four months after original publication.

Related source series

SeriesCodeLatest indexObservationUse
Hot rolled steel bars, plates, and shapesWPU101704312.218June 2026rebar-adjacent proxy; label carefully
Construction materials overallWPUSI012011369.26June 2026overall materials context

How contractors should use it

Use the steel index to justify quote-validity windows and escalation checks for structural, metalwork, and reinforcement packages.

Limits

  • - Steel indexes can move sharply; use the specific product series when your bid depends on a particular steel shape or product.
  • - Fabrication, detailing, coatings, freight, and install labor are outside the index.

FAQ

Is this a current local material price?

No. These pages use official price indexes. They show price movement over time, not a supplier quote for a specific location, delivery distance, grade, mix, or quantity.

Why use BLS Producer Price Index data?

The BLS Producer Price Index is an official monthly source for price movement by commodity and industry. It is suitable for long-term trends, charting, and citation.

How should contractors use these indexes?

Use them as a source-backed trend check before updating allowances, quote validity periods, escalation assumptions, and estimating templates. Always confirm project pricing with local suppliers.

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