US iron & steel PPI (aggregate)
Latest reading: 354 Index (April 2026)
- 1-month change
- +1.9%
- 3-month change
- +7.0%
- 12-month change
- +10.4%
- Source
- FRED WPU101
Price history
Observations
| Date | Value (Index) |
|---|---|
| Apr 1, 2026 | 353.92 |
| Mar 1, 2026 | 347.22 |
| Feb 1, 2026 | 342.05 |
| Jan 1, 2026 | 330.67 |
| Dec 1, 2025 | 323.98 |
| Nov 1, 2025 | 307.94 |
| Oct 1, 2025 | 313.81 |
| Sep 1, 2025 | 317.52 |
| Aug 1, 2025 | 320.72 |
| Jul 1, 2025 | 318.11 |
| Jun 1, 2025 | 320.66 |
| May 1, 2025 | 333.70 |
What the data shows
As of April 2026, us iron & steel ppi (aggregate) stands at 354 Index (FRED: WPU101). That is +10.4% versus April 2025 (321 Index), a notably higher trajectory over the past year. Over the last three months the series has moved +7.0% and notably higher; month-on-month it is +1.9% and modestly higher. The trailing twelve-month range runs from 308 Index to 354 Index. Procurement teams tracking US metals exposure should treat this series as a monthly benchmark when repricing contracts, modelling cost-pass-through, or reviewing supplier indexation clauses.
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