This page provides monthly steel material values for use in determining and calculating steel material price escalation/de-escalation adjustments according to 00195.12 through 00195.12(d).
A steel material value is established each month. The steel material value is from the IDWPUSISTEEL1 Bureau of Labor Statistics (BLS), Producer Price Indexes (PPI) using non-seasonally adjusted indexes only. The agency will only publish values for use after the IDWPUSISTEEL1 BLS PPI establishes the numbers as final numbers.
Will rising iron ore prices impact the cost of structural steel? - There should be no direct impact on the price of structural steel due to rising ore prices and any secondary impacts will most probably not be seen by project owners . . . . Use link to read full story.
This page provides monthly steel material values for use in determining and calculating steel material price escalation/de-escalation adjustments according to 00195.12 through 00195.12(d).
