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Asphalt Prices Up, Concrete Prices Down

Steel and asphalt prices increased from January to February, while concrete prices declined. Steel prices increased by 4.7 percent increased from January to February, according to the latest Producer Price Index issued by the Bureau of Labor Statistics.  Asphalt saw a small jump of 0.9 percent, while both concrete and lumber decreased.  Concrete was down 0.3 percent and lumber decreased 0.4 percent. During the last 12 months, steel has increased 13.3 percent, asphalt is up 2.3 percent, and lumber rose 1.7 percent.  Concrete prices have declined 0.5 percent during the same period. Source: Department of Labor, Bureau of Labor Statistics. PCA provides this information to aid in the promotion of concrete and cement-based products.

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