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A price index aggregates various combinations of base period prices (), later period prices (), base period quantities (), and later period quantities (). Price index numbers are usually defined either in terms of (actual or hypothetical) expenditures (expenditure = price * quantity) or as different weighted averages of price relatives ( p t ...
Price indices are represented as index numbers, number values that indicate relative change but not absolute values (i.e. one price index value can be compared to another or a base, but the number alone has no meaning). Price indices generally select a base year and make that index value equal to 100.
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
A producer price index (PPI) is a price index that measures the average changes in prices received by domestic producers for their output. Formerly known as the wholesale price index between 1902 and 1978, the index is made up of over 16,000 establishments providing approximately 64,000 price quotations that the U.S. Bureau of Labor Statistics (BLS) compiles each month to represent thousands ...
These prices are more an indication than an actual exchange price. Unlike the prices on an exchange, pricing providers tend to give a weekly or bi-weekly price. For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on ...
CSST is used as an alternative to the older standard “black iron” (steel) gas pipe. The inner stainless steel layer of typical residential CSST is .2 to .3 mm thick while the wall thickness of typical residential “black iron” gas pipe is 3 to 4 mm thick. CSST is more expensive than “black iron” gas pipe.
ASTM A500 is a standard specification published by the ASTM for cold-formed welded and seamless carbon steel structural tubing in round, square, and rectangular shapes. It is commonly specified in the US for hollow structural sections, but the more stringent CSA G40.21 is preferred in Canada.
British Standard Whitworth (BSW) is an imperial-unit-based screw thread standard, devised and specified by Joseph Whitworth in 1841 and later adopted as a British Standard. It was the world's first national screw thread standard, and is the basis for many other standards, such as BSF, BSP, BSCon, and BSCopper.
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