Copper continues to climb, up $.20/lb this week alone, and hit a new record level this morning rising to $4.72/lb. Copper is on pace for a gain of about 34% in 2021, with a 12-month rise of 98%. As a result, the copper tube mills have announced a new list price sheet taking effect Monday […]
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 […]
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. […]
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 […]
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 […]
As the COMEX continues to rise, trading above $3.82/lb today, the Copper tube mills have announced a new list price sheet dated 2/15 taking immediate effect. Supply chain interruptions due to Covid-19 combined with high global demand continue to keep the overall copper supply tight. How We Can Help: Merfish United’s business model – which […]
What’s happening: Click here to see our new globally sourced welded steel pipe list price sheet. A global shipping container shortage is causing import prices to skyrocket. Lack of availability of raw materials, including steel, are contributing to high costs. New list price sheets for domestic steel, PVC plumbing, strut and threaded rod released in […]
What’s happening: All three major pipe products categories all volatile to start 2021. PVC, copper and steel pipe have seen increases. This is due to increasing costs in raw materials and freight. The global market for raw materials including steel, PVC resin and copper has been more volatile than every before all at once. We […]
Copper continues to climb closing over $3.60/lb yesterday. As a result the Copper Tube mills announced a new list price sheet with an increase of approximately 2.5% – 3.5% and a new list price sheet taking immediate effect. Please call your Merfish United representative to place orders now. Please call your Merfish United representative to […]
Learn more about upcoming price increases on Globally Sourced Steel Pipe and Strut products. As the United States and the rest of the world recover from the Covid-19 pandemic, the supply chain for commodity pipe products is being tested. Recent coronavirus surges in the U.S. have slowed recent reopenings, but news of upcoming vaccines are […]
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