Iron and Steel Prices Rise a Ninth Month to 378.1

Iron and Steel Prices rose for a ninth straight month in August 2026, reaching 378.1, up 17.9% on the year. Illustrative only: if an unchanged iron and steel basket costs $250,000 now and tracks this index exactly, a 17.9% year-over-year move implies $37,956 more than a year ago. This is not a measured purchasing bill.

consecutive increases: 9 months. from 307.9 after November 2025 to 378.1

The run began after November 2025, when the series stood at 307.9 — a climb of 22.8% over the streak.

A run this long changes how the next print reads: a decline would end a 9-month pattern and would be news in its own right, while a tenth consecutive increase would extend one of the longer streaks in this archive. Source: BLS Producer Price Index.