Steel mill product PPI rises in October; nonferrous slides

By Corinna PetryPublished: Nov 17 2009 4:14PM

The producer price index (PPI) for steel mill products rose in October but the price indices for all nonferrous mill shapes declined, according to a U.S. Bureau of Labor Statistics report issued Tuesday.

The PPI for steel mill products stood at 173.8 in October, up 2.7 percent from 169.2 the previous month but down 24.9 percent from October last year.

The PPI for copper and brass shapes decreased by 3.4 percent...

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