Engineering Information Report Choose Pipe and Completed Steel Costs

Welcome to our sixth Substack Weblog that focuses on building prices. Engineering Information Report (ENR) historical past that may be traced again to 1874. The publication has its roots in two separate publications, Engineer & Surveyor and The Plumber and Sanitary Engineer. The primary subject of Engineering Information-Report was printed on April 5, 1917. On January 1st, 1987, the acronym ENR was adopted because the title of the journal. The charts that comply with use knowledge which are courtesy of ENR journal that’s printed 26 instances a 12 months. Historic knowledge was pulled from microfiche copies of the journal obtained from the New York Public Library. ENR journal is barely a small portion of the merchandise supplied by Engineer Information Report and we suggest readers, notably these with an curiosity in engineering and building, take the time to view the ENR web site to be taught extra at…

https://www.enr.com/

After 10 months of stabilization, Corrugated Metal Pipe costs have “popped” to a brand new excessive this month with the 12-nonth charge of change rising to +4.57%.

Ductile Iron Pipe costs proceed to climb greater this 12 months. Over the previous twelve months worth are up +24.19%.

Strengthened Concrete Pipe costs have continued their parabolic rise. Costs at the moment are up +36.59% because the identical time final 12 months.

The sharp rise in PVC Pipe costs has continued unabated. Over the previous 12 months costs are up +29.15%

Copper Water Tubing has reached the very best worth degree in 28 years and though the speed of change has begun to sluggish, they’re nonetheless up +20.97% because the identical time final 12 months.

The rise in Stainless Metal Sheet costs have begun to sluggish however it’s nonetheless nonetheless up +25.47% over the previous twelve months.

The ENR 20-Metropolis Common Worth of 6” I Beams has reached one other file worth. Since this time final 12 months costs are up +25.97%.

Re Bar costs fell barely this month however contemplating the rise from March of 2021 we’d classify the drop as de minimis with Re Bar costs nonetheless up +20.05% over the previous twelve months.

Aluminum Sheet costs are up +23.25% since this time final 12 months and +37.9% since April 2021.

Charts are courtesy of Optuma whose charting software program permits anybody to visualise any knowledge. To obtain a 30-day trial of Optuma charting software program go to

www.optuma.com/TMC.

The Market’s Compass will publish choose ENR building knowledge charts through The Market’s Compass Substack Weblog each two to a few weeks when new knowledge is accessible.