AISC collects and maintains a wide breadth of industry data which we share with our full member fabricators on a quarterly basis.  Below is a snapshot of some of the industry data we collect that tells part of the story of where our industry stands today.

It is also important to note that while material prices do have an effect on the overall cost of construction projects, they are only a small piece of the pie. Factors such as labor, installation/erection, and material transport will often make up a larger portion of the overall cost no matter what the material type.

Steel Consumption Index

The steel consumption index is a monthly measure of all parallel flange sections, angle and channels, and other structural shapes consumed in the United States. Steel consumption is determined by mill shipments, plus imports, minus exports. The index is a measure of the rise and fall of consumption relative to January 2005.

Source: Steel Manufacturers Association

Average Published Pricing

Each month, AISC averages published pricing from domestic wide-flange mills. The chart below is a good indication of mill pricing today, but is not reflective of lead times or section availability. This is not indicative of procurement costs and lead times via a steel service center warehouse. 

W14x68 pricing comes from Nucor Yamato Steel Company and Steel Dynamics, Inc. 


Tracking Fabricated Product Pricing

The Producer Price Index (PPI) is a family of more than 10,000 indexes covering the output of nearly all industries in the goods-producing sector of the U.S. economy and approximately three quarters of the service sector, as well as natural gas and electric utilities, construction and goods competitive with those made in producing sectors (such as scrap materials). PPIs measure price change from the perspective of the seller. 

The product, from the Bureau of Labor Statistics, is a great resource in our industry to not only understand how material pricing is changing on an index basis in relation to wide flange shapes, plates or HSS sections, but also look at the fabricated product pricing in comparison. View PPI graphs for our industry here

Want more data?

Full members may also visit to access a more robust set of interactive market and construction statistics as well as AISC's quarterly Business Barometer.

The full data is only available to full members, but AISC's Structural Steel Specialists offer complimentary data briefings for architects and others in the industry. Contact your local Structural Steel Specialist to learn more about market trends in your specific region.