Producer Prices Edged Up Slightly in December

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Producer prices expanded by 0.2% in December, seasonally adjusted, maintaining their upward climb since reaching the most recent bottom 21 months ago, reports the U.S. Labor Department. The unyielding trend continues to highlight the jammed supply chains and rising inflation.

David Schollaert

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.