US iron & steel scrap PPI
Latest reading: 595 Index (April 2026)
- 1-month change
- -3.7%
- 3-month change
- +4.1%
- 12-month change
- +4.9%
- Source
- FRED WPU1012
Price history
Observations
| Date | Value (Index) |
|---|---|
| Apr 1, 2026 | 595.13 |
| Mar 1, 2026 | 618.31 |
| Feb 1, 2026 | 613.21 |
| Jan 1, 2026 | 571.86 |
| Dec 1, 2025 | 532.39 |
| Nov 1, 2025 | 519.89 |
| Oct 1, 2025 | 517.24 |
| Sep 1, 2025 | 527.24 |
| Aug 1, 2025 | 530.29 |
| Jul 1, 2025 | 528.84 |
| Jun 1, 2025 | 531.51 |
| May 1, 2025 | 538.24 |
What the data shows
As of April 2026, us iron & steel scrap ppi stands at 595 Index (FRED: WPU1012). That is +4.9% versus April 2025 (567 Index), a modestly higher trajectory over the past year. Over the last three months the series has moved +4.1% and modestly higher; month-on-month it is -3.7% and modestly lower. The trailing twelve-month range runs from 517 Index to 618 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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