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Steel material values are used to determine and calculate steep material price escalation and de-escalation adjustments according to Standard Specification Boilerplate Special Provision 00195.12(a) through 00195.12(d).
Steel material value is established each month from the IDWPUSISTEEL1 Bureau of Labor Statistics Producer Price Indexes, using non-seasonally adjusted indexes only.
The Oregon Department of Transportation exclude preliminary figures, publishing only after the IDWPUSISTEEL1 BLS PPI reports the numbers as final.
As it may take several months to finalize these figures, the following table may appear out of date.
Preliminary figures for recent months are available from BLS.
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