Economy
September 16, 2018
August PPI Shows Competitive Position of Steel vs. Other Products
Written by Peter Wright
This article is regularly published for our Premium users, but we decided to share it with our entire readership this month. If you are interested in upgrading to a Premium subscription, contact us at info@SteelMarketUpdate.com or 800-432-3475.
Carbon steel tubular products have a rate of price escalation much higher than plastic products. This is also the case for pre-fabricated metal buildings compared to wood buildings. Truck transportation prices are rising faster than rail, but the gap is closing, according to the latest data from the Bureau of Labor Statistics. Using this information, Steel Market Update provides subscribers with a view of the competitive position of sheet steel, aluminum and plastic, as well as downstream products including beverage cans, metal buildings, pipe, and truck and rail transportation.
