Prices are updated monthly by ENR's price reporters who call a single source for each product in 20 U.S. cities. The price represents that paid by a contractor for a specified large order. Monthly prices appear on the weekly rotating cycle.
ENR's steel, rebar and metal plate prices for November 2014.
|Structural steel prices rolled back 0.3% in Novem.|
Structural-steel prices were rolled back 0.3% in November, after jumping 1.0% last month, according to ENR's 20-city average price for channel, wide-flange and I-beams. That slight dip still left average prices 1.4% above a year ago. The largest year-to-year hike was 1.8% for wide-flange beams. Prices for grade-60 concrete reinforcing bars rose 0.5% this month, following a 0.7% increase in October; this uptick left rebar prices 2.2% above a year ago, according to ENR. The Bureau of Labor Statistics' producer price index for sheet metal held steady in September. That index is now 2.3% above 2013's level.
ENR's lumber, plywood and panel prices for November 2014.
|ENR's lumber prices slip 0.4% in Novemberr.|
Lumber prices slipped 0.4% this month, according to ENR's 20-city average price for three types of 2x4s. November's price drop checked two months of strong increases but still leaves lumber prices between 5% and 7% higher than a year ago. The Bureau of Labor Statistics' producer price index for softwood lumber increased 1.3% in September, following August's 2.4% increase. Those back-to-back monthly increases left the PPI 10.2% above 2013's level. ENR's gypsum-wallboard price fell 0.4% this month, but it still is up 9.7% from a year ago. The PPI for gypsum products is up 6.9% for the year.
ENR's pipe prices for November 2014.
|ENR Revises PVC pipe prices.|
ENR's prices for PVC water piper increased another 0.4% this month, following revisions in October that pushed ENR's price up as much as 3.1% for ENR's 8-in. PVC water pipe. On average, ENR's 20-city average price for three types of PVC water pipe is now 2.1% above November 2013's level. The Bureau of Labor Statistics producer price index for PVC pipe products slipped 0.2% in September, following strong gains earlier in the year (see chart). The PPI for PVC products is currently 1.7% above a year ago. ENR's prices for PVC sewer pipe have been weaker, falling 0.5% this month.
ENR's cost indexes for November 2014.
|Ready-mix concrete prices increased 0.3%.|
Prices for ready-mix concrete increased an average of 0.3% this month, according to ENR's 20-city average price for 3,000-, 4,000- and 5,000-psi concrete. This increase follows modest declines during the previous month, leaving overall prices 3.7% above a year ago. The Bureau of Labor Statistics' producer price index for ready-mix concrete dropped 0.5% in September, after several months of strong gains (see chart). The PPI for ready-mix concrete in September was 4.4% above 2013's level. ENR's prices for asphalt paving oil rose 1.6% this month and are now 5.2% above a year ago.
Materials Price Index
The Materials Cost Index is the materials component of ENR’s building and construction cost indexes. It tracks the weighted price movement of structural steel, portland cement and 2 X 4 lumber.