Economy
May 20, 2019
PPI Data: Steel Loses Ground vs. Aluminum, Plastic
Written by Peter Wright
The competitiveness of steel continues to lose ground against aluminum and plastic, according to the latest data from the Bureau of Labor Statistics. Cold rolled steel sheet has become less competitive against aluminum sheet in the last year and this has carried through to steel and aluminum cans. Steel tubular goods have lost ground to plastic pipe, but prefabricated steel buildings have gained slightly against wood.
This Producer Price Index (PPI) report is intended to provide subscribers with a view of the competitive position of sheet steel, aluminum, plastic and wood. This analysis includes some downstream products and a comparison of truck and rail transportation.
