What’s Happening:
- We are implementing a 9% increase on globally sourced steel pipe on 2/22
- See the new list price sheet
- Backups at ports, delays in unloading ships, lack of freight have impacted inbound shipments
- Lack of raw materials, high global demand, and lack of shipping containers are tightening supply
Following a price increase on globally sourced steel pipe back on February 1st, we will be implementing another increase of 9% on Monday, 2/22 due to continued escalating costs in the market. We will be uploading a new list price sheet on Monday, 2/22. See it here.
Over the past month, we have seen unprecedented backups at U.S. ports, an increasing global demand for steel products, and a general lack of raw materials. We have seen other supply chain challenges emerge as well, such as increasing costs of domestic freight, manpower shortages due to Covid-19, and major winter storm disruptions across the U.S. in February, especially in the Southwest.
The confluence of these factors has driven prices up across the board, and we expect this volatility to continue through 2021. As supply tightens and materials become harder to source, you can continue to rely on Merfish United to have the steel, copper, and PVC pipe products you need, when you need them. Use us as your one-stop pipe shop, where you can get all the pipe products you need on our trucks, for one weekly delivery. Please call your representative now for more information or to place orders.
How We Can Help:
As we face extreme volatility in the commodities market, remember that Merfish United’s business model is designed for low and unpredictable volume scenarios, exactly like the one we are in right now. With us, wholesalers can buy a broad array of pipe products from one supplier, at low minimums for FFA.
We keep our stock high, so use us to help manage your inventory and buy what you need, when you need it. Mix-and-match Copper Tube with Steel Pipe, PVC Pipe, Conduit, Strut & Rod to make our low weight minimums on your next weekly order.