Category: Supply Chain

Threaded Rod Increase, Market Update for Steel, PVC and Copper

What’s happening: Threaded rod increase on Monday, 9/20 Steel prices continue up PVC volatile from storm disruptions PVC conduit increase Copper ups and downs Threaded Rod & Continued Steel Increases Due to escalating input costs, threaded rod manufacturers have implemented a price increase of approximately 10%. We will be uploading a new strut list price […]

Market Update for August, Steel Price Increases

See what’s happening across commodity markets, and what’s sustaining the low-supply, high-demand scenario we find ourselves in. Steel: Record highs for hot rolled coil (HRC) continue, up almost to $1,900/ton and with lead times of 8-10 weeks. Demand continues to outpace supply for finished steel products, whether it’s appliances, cars, or steel pipe. Because of […]

Plastic Conduit

PVC Plumbing, Conduit and Metal Conduit Increases

Mills and manufacturers of commodity pipe products and other building materials are working to produce during a time of limited availability of raw materials and increasing costs of freight. Below is a list of upcoming price increases being implemented by mills. Please call your Merfish United representative for more information or to place orders. PVC […]

Copper Market Updates, Why Prices are Rising

Strong demand from China, the top consumer of copper, and low global inventories pushed prices higher on Monday, 7/26, up over $.18/lb to around $4.58/lb. while holding through Tuesday afternoon. In addition to an already tight global copper supply, floods in China have further strained copper inventories as tube and other building materials are needed […]

Why Material Costs Remain High

Demand for housing and renovations remains high, creating high demand for building materials, including copper, steel and PVC resin. This article from Boston.com cites the following: Copper supply volatility, including tube and wire. “Seventy-seven percent of home builders the NAHB surveyed said they had encountered at least some shortage of copper wire.” PVC resin and […]

Disruption in Ocean Freight, Increasing Delays and Costs

Another major ocean shipping disruption is underway This affects global supply chains Rising costs and delays result Ongoing high demand, low supply situation There is currently a disruption in ocean shipping, which has been more significant than the Suez Canal backup in March. The Port of Yantian in China is responsible for roughly 25% of […]

Domestic Steel, Strut and Rod Increases

UPDATE: a new list price sheet on Monday, 5/24 is now available. Domestic steel pipe mills have announced that due to continued escalating input costs, they will be increasing prices on all threaded pipe, as well as the products listed below: 7% on 1/2” – 4” Continuous Weld Pipe 7% on 2” – 18” Grade […]

Copper Closes Up, Multiplier Increase, With Additional Increases Possible

Updated 4/19: Copper is up again on Monday, 4/19 over $4.25/lb Mills have announced another 2.5% multiplier increase, now in effect Copper demand remains high, but lower in supply Copper closed up almost $.08 on Wednesday, 4/14 resulting in the copper the mills led mills to announce a 2.5% multiplier increase which took immediate effect. […]

A Mid-April Commodities Market Update

What’s happening: Lack of availability and strong demand are rising raw material costs Inventories are low and the supply chain is stretched thin A lack of shipping containers and domestic freight is increasing input costs Strong demand and pricing increases are expected to continue throughout 2021 As the Covid-19 recovery continues to gain momentum across […]

A March Commodities Update; PVC, Copper, Steel

What’s happening: Demand for copper, steel and PVC raw material is high Inventories for materials are low Covid-related supply chain disruptions remain Here’s a March, 2021 commodities update. Please call your Merfish United rep for guidance on purchasing, especially as you consider your needs for the spring buying period. We’re able to help you manage […]