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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 […]
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 […]
Limited supply and high demand have resulted in increases New Strut list price sheet dated 5/3 Metal conduit increase PVC conduit increase Flatbed availability is tight Earlier this month, strut manufacturers announced an 8-18% price increase going into effect today due to rising input costs. Historic demand and low supply levels have seen cold roll […]
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 […]
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 […]
A video from the U.S. Coast Guard shows the massive backup of container ships waiting to be unloaded at the Port of Los Angeles. As we’ve previously mentioned, Covid-19 disruptions continue to affect the availability of dock workers needed to unload ships and containers. With a backup in Western receiving, containers themselves aren’t able to […]
