Economy
June 14, 2015
Steel Sheet Improved Competitiveness Against Aluminum by 19.4%
Written by John Packard
Each month the Bureau of Labor Statistics (BLS) puts out its series of producer price indexes, for thousands of goods and materials. For an explanation of this program see the end of this piece. The latest release last Friday reported results through May.
We run this analysis every three or four months to give readers an opportunity to become aware of any changes in the competitive position of steel against other materials and rail vs truck transportation. The PPI data are helpful in monitoring the price direction of steel and steel products against competing materials and products.
