US PPI — Fabricated Bar Joists and Concrete Reinforcing Bars
Producer Price Index for fabricated structural metal bar joists and concrete reinforcing bars, steel products that have been cut, bent, or assembled after leaving the mill.
408.026+4.9% m/m+30.0% y/y+22.9% 5y
Sep 2026 value · Next print expected around Nov 2026 · Source: BLS
Price history
Sep 2026 · latest408.026+22.9%since Sep 2021
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Range
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Month
Value
Change m/m
Sep 2026
+4.9%
Aug 2026
+3.2%
Jul 2026
+1.7%
Jun 2026
+3.6%
May 2026
−0.1%
Apr 2026
+2.3%
Mar 2026
+3.3%
Feb 2026
+2.3%
Jan 2026
+0.1%
Dec 2025
+0.8%
Nov 2025
+3.0%
Oct 2025
+1.6%
Sep 2025
+0.7%
Same numbers as the chart, straight from BLS. Dates are the first of each period, the way BLS reports them.
How it's built
Bar joists and rebar rose 30.0% over the last 12 months, more than any of its main inputs. Input costs are not adding pressure right now.
Fabricated Bar Joists and Concrete Reinforcing Bars against the hot rolled steel price index, both set to 100 in the first month they share
Sep 2026WPU1074051 205Hot rolled steel price index 186
Sources: WPU1074051 (Fabricated Bar Joists and Concrete Reinforcing Bars); BLS WPU101704.
Since 2016, this index has followed the hot rolled steel price index in the same month and moved about as far as it over a year.
Over the 12 months to Sep 2026, the hot rolled steel price index rose 15.0% and this index rose 30.0%.
Key figures
Since Dec 2016
+105.3%
198.7 to 408.0
12-month volatility
±1.4%
std. dev. of monthly change
Largest monthly rise
+8.3%
May 2021
10% cap would bind
25 of 36
months, annual base reset
From Dec 2016 to Sep 2026 the index went from 198.7 to 408.0, a change of +105.3%.
Highest reading in that period: 408.0 in Sep 2026. Lowest: 194.8 in Aug 2017.
Largest one-month rise: +8.3% in May 2021. Largest one-month fall: -21.6% in Mar 2024.
For a clause that resets its base every year, a 10% cap or floor would have limited the adjustment in 25 of the last 36 months.
Use it in a contract
Draft clause citing this series
A starting point citing this series by name and code. Replace the bracketed terms with your contract's actual scope before use.
The [affected portion] of the Contract Price shall be adjusted using US PPI — Fabricated Bar Joists and Concrete Reinforcing Bars (BLS series WPU1074051), published by BLS.
Base Period: the index value published for September 2026 (or the month of contract signing, if different) is the Base Value.
Adjustment: at each Adjustment Date, the Current Value is the most recently published three-month average of the index (the Averaging Window). The Escalation Factor equals Current Value divided by Base Value.
Cap: the Escalation Factor applied under this clause shall not exceed 1.10 or fall below 0.90 (a 10% cap and floor) in any single Adjustment Date, regardless of the index's actual movement.
[Replace bracketed terms with your contract's actual affected-portion definition and adjustment-date schedule before use. This is a drafting starting point, not legal advice.]
Used in concrete and foundation supply contracts where the buyer pays for fabricated reinforcing steel, not just mill bar. Because it blends bar joists with reinforcing bar and includes shop work, check it against a mill steel series or a regional rebar price before relying on it alone.
Divide the current value of BLS series WPU1074051 (Fabricated Steel Bar Joists and Concrete Reinforcing Bars) by its value at contract signing, then apply that ratio to the rebar part of the price. A usable clause also names an averaging window, a rule for revised values and missing months, and a cap.
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