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US PPI — Fabricated Steel Plate

Producer Price Index for fabricated steel plate.

380.079+0.8% m/m+0.8% y/y+23.9% 5y

Aug 2026 value · Next print expected around Oct 2026 · Source: BLS

Price history

Aug 2026 · latest380.079+23.9%since Aug 2021
30032034036038040020222023202420252026380.1
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Range
Format

Preview13 rows, newest first. Click a value to copy it.
MonthValueChange m/m
Aug 2026+0.8%
Jul 2026+0.0%
Jun 2026+0.0%
May 2026+0.0%
Apr 2026+0.0%
Mar 2026+0.0%
Feb 2026+0.0%
Jan 2026+0.0%
Dec 2025+0.0%
Nov 2025+0.0%
Oct 2025+0.0%
Sep 2025+0.0%
Aug 2025+0.0%

Same numbers as the chart, straight from BLS. Dates are the first of each period, the way BLS reports them.

How it's built

Fabricated steel plate rose 0.8% over the last 12 months, but all of its main inputs rose faster: hot rolled steel bars, plates, and structural shapes +15.0%. That cost pressure may still pass through to prices.

Key figures

Since Jan 2017
+77.4%
214.2 to 380.1
12-month volatility
±0.2%
std. dev. of monthly change
Largest monthly rise
+12.7%
Aug 2024
10% cap would bind
12 of 36
months, annual base reset
  • From Jan 2017 to Aug 2026 the index went from 214.2 to 380.1, a change of +77.4%.
  • Highest reading in that period: 380.1 in Aug 2026. Lowest: 214.2 in Jan 2017.
  • Largest one-month rise: +12.7% in Aug 2024. Largest one-month fall: -1.5% in Sep 2019.
  • For a clause that resets its base every year, a 10% cap or floor would have limited the adjustment in 12 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 Steel Plate (BLS series WPU1076), published by BLS.

Base Period: the index value published for August 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.]
Why contracts cite this index

Covers cut and shaped steel plate as a manufactured product, distinct from raw hot-rolled steel, useful when the contract buys ready-to-weld plate rather than coil.

How this index is used (1 guide)

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