Producer Price Index by Commodity: Metals and Metal Products (WPU10)

What is WPU10?

Producer Price Index by Commodity: Metals and Metal Products (WPU10)

Is there a steel price index?

In technical terms, the CRU Index is a segmented stock market index that helps investors track steel performance by comparing current steel price levels with past steel prices to calculate future market performance.

What is the main steel price index?

Producer Price Index – Metals and metal products

Commodity Producer Price Index – Metals and metal products
Jan Apr
Iron and steel
2020 212.1 204.7
2021 250.8 321.3

What is purchase price index?

The gross domestic purchases price index is BEA’s featured measure of inflation in the U.S. economy. The index measures the prices of goods and services purchased by U.S. residents, regardless of where the goods and services were produced.

How much does a ton of steel cost?

Steel Price History Data (USD per metric ton, aop)

2015 2017
Steel (USA) 461.14 619.92

What is PPI and CPI?

There are two inflationary measures in our economy, the Consumer Price Index (CPI) and the Producer Price Index (PPI). CPI is a measure of the total value of goods and services consumers have bought over a specified period, while PPI is a measure of inflation from the perspective of producers.

Will steel price go down in 2022?

S&P Global Platts Analytics expects Indian domestic hot-rolled coil prices to average Rs 53,550-56,700/mt ($705-$745/mt) in calendar 2022. This compares with average prices of Rs 63,000/mt year-to-date in 2021, which is 58 per cent higher than Rs 39,761/mt in CY 2020.