Global prices through July 2026 · U.S. producer prices through September 2026 · Data updated October 20, 2026 · Download the data (CSV) · Methods · MCP server
Global metal prices
Monthly average benchmark prices in U.S. dollars per metric ton, from the International Monetary Fund's Primary Commodity Prices. Copper, aluminum, nickel, zinc, tin and lead follow the London Metal Exchange cash price. Iron ore is the price of ore delivered to China. Divide by 2,204.6 for a price per pound.
| Series | Latest | 1 mo | 12 mo | Since Jan 2019 | 36-mo range | 36 months | FRED |
|---|---|---|---|---|---|---|---|
| Copper$ per metric ton, $6.14 per lb | $13,543Jul 2026 | −0.1% | +38.6% | +128.0% | PCOPPUSDM | ||
| Aluminum$ per metric ton, $1.43 per lb | $3,158Jul 2026 | −8.2% | +21.2% | +70.4% | PALUMUSDM | ||
| Nickel$ per metric ton, $7.54 per lb. Nickel drives the alloy surcharge on 300-series stainless. | $16,632Jul 2026 | −5.4% | +10.6% | +44.3% | PNICKUSDM | ||
| Zinc$ per metric ton, $1.63 per lb. Zinc goes into galvanized steel. | $3,594Jul 2026 | +1.6% | +30.1% | +39.9% | PZINCUSDM | ||
| Tin$ per metric ton, $23.99 per lb. Tin goes into the solder on circuit boards. | $52,882Jul 2026 | −0.3% | +57.3% | +158.5% | PTINUSDM | ||
| Lead$ per metric ton, $0.84 per lb. Lead goes into backup batteries. | $1,843Jul 2026 | −5.3% | −7.6% | −7.7% | PLEADUSDM | ||
| Iron ore$ per metric ton, $0.05 per lb. China import price, 62% iron content. | $102Jul 2026 | −2.1% | +0.4% | +35.1% | PIORECRUSDM |
Each series with January 2019 = 100, on one scale
U.S. mill prices
Producer price indexes for metal sold by U.S. mills: what the mill receives for plate, sheet, bar, shapes, pipe and wire, before service center markup and freight.
| Series | Latest | 1 mo | 12 mo | Since Jan 2019 | 36-mo range | 36 months | FRED |
|---|---|---|---|---|---|---|---|
| Copper and brass mill shapesIndex 1982=100, not seasonally adjusted | 835.3Sep 2026 | +1.4% | +30.0% | +119.0% | WPU102502 | ||
| Aluminum mill shapesIndex 1982=100, not seasonally adjusted | 370.5Sep 2026 | −0.1% | +25.2% | +84.1% | WPU102501 | ||
| Aluminum extrusions and drawn productsIndex Dec 1981=100, not seasonally adjusted | 406.5Sep 2026 | −1.3% | +26.3% | +102.9% | PCU331318331318 | ||
| Steel mill productsIndex 1982=100, not seasonally adjusted | 388.6Sep 2026 | +2.2% | +27.6% | +76.0% | WPU1017 | ||
| Hot rolled bars, plate and structural shapesIndex Jun 1982=100, not seasonally adjusted. Covers rebar, plate and beams. | 319.7Sep 2026 | +3.0% | +15.0% | +46.2% | WPU101704 | ||
| Cold rolled sheet and stripIndex Jun 1982=100, not seasonally adjusted | 492.5Sep 2026 | +4.9% | +36.9% | +100.6% | WPU101707 | ||
| Steel pipe and tubeIndex Jun 1982=100, not seasonally adjusted | 431.7Sep 2026 | +0.6% | +13.2% | +47.4% | WPU101706 | ||
| Stainless pipe and tubeIndex Dec 2010=100, not seasonally adjusted | 154.2Sep 2026 | +0.2% | +7.7% | +54.4% | WPU10170674 | ||
| Steel wireIndex Jun 1982=100, not seasonally adjusted | 391.1Sep 2026 | +1.1% | +4.5% | +39.3% | WPU101705 |
Each series with January 2019 = 100, on one scale
Scrap prices
Producer price indexes for scrap bought by mills, smelters and foundries. Scrap often moves before mill prices do.
| Series | Latest | 1 mo | 12 mo | Since Jan 2019 | 36-mo range | 36 months | FRED |
|---|---|---|---|---|---|---|---|
| No. 1 copper scrapIndex Dec 1986=100, not seasonally adjusted | 854.7Sep 2026 | +0.7% | +49.0% | +152.7% | WPU10230101 | ||
| No. 2 copper scrapIndex Dec 1986=100, not seasonally adjusted | 1,396.2Sep 2026 | +1.3% | +59.8% | +158.4% | WPU10230102 | ||
| Aluminum scrapIndex 1982=100, not seasonally adjusted | 448.1Sep 2026 | −3.7% | +22.6% | +135.6% | WPU102302 | ||
| Iron and steel scrapIndex 1982=100, not seasonally adjusted | 581.0Sep 2026 | −0.3% | +10.2% | +21.8% | WPU1012 | ||
| Stainless and alloy steel scrapIndex Dec 1986=100, not seasonally adjusted | 488.5Sep 2026 | +0.1% | +15.2% | +46.8% | WPU101212 |
Each series with January 2019 = 100, on one scale
Data center and power equipment
Producer price indexes for the copper, aluminum and steel products that go into data centers and the grid that feeds them: power cable, transformers and switchgear.
| Series | Latest | 1 mo | 12 mo | Since Jan 2019 | 36-mo range | 36 months | FRED |
|---|---|---|---|---|---|---|---|
| Copper wire and cableIndex Dec 1986=100, not seasonally adjusted | 607.7Sep 2026 | +0.8% | +30.8% | +104.8% | WPU10260314 | ||
| Power wire and cableIndex Dec 1982=100, not seasonally adjusted. Made from purchased copper and aluminum wire. | 577.6Sep 2026 | +1.8% | −4.0% | +130.9% | PCU3359293359291 | ||
| Transformers and power regulatorsIndex 1982=100, not seasonally adjusted | 434.5Sep 2026 | n/a | +7.6% | +88.9% | WPU1174 | ||
| Switchgear and industrial controlsIndex 1982=100, not seasonally adjusted | 433.6Sep 2026 | +1.0% | +12.4% | +89.7% | WPU1175 |
Each series with January 2019 = 100, on one scale
Construction materials
Producer price indexes for structural steel and the other materials on a building site, plus diesel for the trucks that deliver them.
| Series | Latest | 1 mo | 12 mo | Since Jan 2019 | 36-mo range | 36 months | FRED |
|---|---|---|---|---|---|---|---|
| Fabricated structural metalIndex 1982=100, not seasonally adjusted | 418.3Sep 2026 | +1.0% | +7.4% | +73.6% | WPU107 | ||
| Sheet metal productsIndex 1982=100, not seasonally adjusted | 361.1Sep 2026 | +0.6% | +6.7% | +63.7% | WPU1073 | ||
| Ready-mix concreteIndex 1982=100, not seasonally adjusted | 395.3Sep 2026 | 0.0% | +2.3% | +45.1% | WPU1333 | ||
| CementIndex 1982=100, not seasonally adjusted | 356.2Sep 2026 | 0.0% | −1.2% | +39.2% | WPU1322 | ||
| LumberIndex 1982=100, not seasonally adjusted | 282.3Sep 2026 | −1.4% | +8.7% | +34.4% | WPU081 | ||
| Gypsum productsIndex 1982=100, not seasonally adjusted | 488.9Sep 2026 | +0.8% | +1.4% | +48.3% | WPU137 | ||
| No. 2 diesel fuelIndex 1982=100, not seasonally adjusted | 675.6Sep 2026 | +24.2% | +115.2% | +236.0% | WPU057303 |
Each series with January 2019 = 100, on one scale
Construction spending
Census Bureau construction spending on the buildings that take the most metal. Census counts data centers in the office category.
| Series | Latest | 1 mo | 12 mo | Since Jan 2019 | 36-mo range | 36 months | FRED |
|---|---|---|---|---|---|---|---|
| Office construction, including data centers$ billions, seasonally adjusted annual rate | $150.7BAug 2026 | +3.9% | +24.6% | +83.7% | TLOFCONS | ||
| Power construction$ billions, seasonally adjusted annual rate | $186.0BAug 2026 | +0.8% | +8.5% | +107.8% | TLPWRCONS | ||
| Manufacturing construction$ billions, seasonally adjusted annual rate | $170.7BAug 2026 | +0.2% | −19.2% | +121.0% | TLMFGCONS |
Each series with January 2019 = 100, on one scale
Prices this page does not show
Exchanges and price reporting agencies license these prices, and republishing them takes a paid license. They are published here:
| Price | Publisher | Where to read it |
|---|---|---|
| COMEX copper futures | CME Group | www.cmegroup.com |
| COMEX aluminum futures and the Midwest aluminum premium | CME Group and S&P Global Platts | www.cmegroup.com |
| U.S. hot-rolled coil steel futures | CME Group | www.cmegroup.com |
| LME official and closing prices | London Metal Exchange | www.lme.com |
| Stainless alloy surcharges | Each stainless mill, such as North American Stainless | www.northamericanstainless.com |
| Daily silver and gold prices | LBMA | www.lbma.org.uk |
| Lithium, cobalt and electrical steel prices | Price reporting agencies such as Fastmarkets and Benchmark | www.fastmarkets.com |