Most metals see PPI fall in Nov. vs. Oct.
Dec 18, 2012 | 11:21 AM
| Corinna Petry
Tags
producer price index,
PPI,
iron and steel scrap,
steel mill products,
copper,
aluminum,
titanium,
nonferrous scrap
Nigel Gault
CHICAGO — Most metals products saw their producer price indices (PPI) move lower in November compared with October and a year earlier, although iron and steel scrap bucked the monthly trend, according to the latest report from the Bureau of Labor Statistics.
The price index for iron and steel scrap, which landed at 527.3 for November, rose 11.9 percent from October’s 471.1, BLS data show.....
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