Copper tube mills have announced an increase of approximately 3.5%, going into effect immediately. We will hold current price levels through the close of business today, 3/23, and upload a new list price sheet to our website tomorrow. Please call your United Pipe & Steel representative for more information or to place orders now.
What’s Happening in the Copper Market:
The fallout continues from the global banking crisis. Metals markets are typically sensitive trends that indicate economic slowdowns. But, order rates and demand for copper and other metals continue to rise. Because of severe production constraints and looming demand based on upcoming green energy mandates, copper is expected to sustain its upward trend. For more info, see the following:
- Copper prices rise in volatile market
- Copper price rises as banking crisis woes ease
- This is one metal investors can consider buying on dip ‘at any chance’ they get, according to an analyst
- Goldman Sachs expects commodities supercycle
Rely on us for inventory and weekly delivery:
Wholesalers, with us you can buy a broad array of pipe products from one supplier, which you can mix-and-match with other products to make our low weight minimums for FFA. Call your representative now to schedule your next weekly LTL delivery of mixed-and-matched pipe products.