With copper reaching $4.65/lb. today, up $.06/lb., Copper Tube Mills announced a 2.5% multiplier increase effective immediately. We will hold current price levels through the close of business today, 5/10. Please call your United Pipe representative to get your multiplier or to place orders before the increase.
Copper is up 17% this year amidst fears of global shortages, with mines unable to keep up with the pace of demand. Higher prices are expected to continue for copper products, which you can read about here in Bloomberg.
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.