With copper up more than $0.13/lb. and reaching a high of $5.02/lb. today (the highest point in five years), Copper Tube Mills announced an approximate 5-8% increase and a new list price sheet. We will hold current price levels through the close of business today, 5/14, and move to the new, higher list price sheet tomorrow. Please call your United Pipe representative to place orders before the increase.
According to the Wall Street Journal, demand for copper is expected to rise as certain mines close or scale back production. Copper futures are up 20% this year.
Rely on Us for Inventory and Weekly Delivery
In volatile times like these, rely on our nationwide stock of commodity pipe products. Break bundles and combine copper tube, steel pipe, and PVC pipe in your order to make our low minimum weight for FFA and weekly delivery. Become more competitive and manage your risk on volatile commodity products while turning inventory more quickly.