UPDATE 5/4: Copper tube mills have announced a 2.5% increase due to escalating input costs. Copper closed today up over $.10/lb from Friday’s most recent record high. Today’s price of $4.44/lb is the highest seen on copper in over ten years. The global copper supply is extremely tight because of the rising demand for green […]
Copper closed at $4.18/lb yesterday, and is currently up almost another $.13 to just around $4.31/lb, continuing this upward trend. These are historical levels not seen since 2011. Because of these escalating costs on raw materials, copper tube mills have announced an increase of approximately 5.5% with a new list price sheet, dated 2/24. The […]
Copper is up another $.05 this morning (trading around $3.20/lbs at around 12:15pm ET). This is the highest price in over a year for Copper, as well as almost hitting the highest level recorded in the past five years. Follow the COMEX here on our website. As a result of this, Copper tube mills have […]
With Copper up almost $.05 today, Copper Tube Mills have announced a multiplier increase taking effect immediately. We will be moving our multipliers up a minimum of 2.5% first thing tomorrow morning (10/1/20). To place orders at current pricing levels, please call your Merfish United representative before close-of-business today. See current price sheets on our […]
As previously communicated, Copper Tube mills have been experiencing significant disruption due to the COVID-19 outbreak, including a lack of raw materials. This has resulted in a supply shortage and a price increase. Copper Tube mills have released a new list price sheet dated March 16, and it is now in effect. You can download […]
Copper has been even more volatile than usual of late. According to this article from CNBC, “Copper bounced on Tuesday as traders and funds reversed bets on lower prices after China’s central bank moved to offset the damage to economic growth and demand from the coronavirus in the top consumer.” To summarize: China’s copper […]
Copper Mills have announced a new list price sheet going into effect immediately. You can see the new list price sheet here. Use the Excel sheets to enter your multiplier. For your multiplier or to place orders, please call your representative. More Info: Copper Tube Products List Price Sheets United Pipe Services Our locations Merfish […]
With Copper up just over $.06 after a $.02 decline on Friday and yesterday, multipliers are moving up 2.5% effective 5pm local time today. Please call your United Pipe or Merfish representative now to place orders at current levels. Click here to follow market updates on our website. Click here to see list price sheets. […]
Copper Tube mills announced a new list price sheet today. This sheet will be effective starting tomorrow, August 6th and will be available on our website first thing in the morning. Enter your multiplier in the Excel format to see your individual list prices. More Info: Copper Tube Products List Price Sheets United Pipe Services […]
Copper has steadily climbed today, now up over $.035 and above $2.70/lbs for the first time in a few weeks. If the market closes at this level there will likely be a multiplier increase of 2.5% at close of business today. Click here to follow market updates on our website. Please call your United Pipe […]
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