COMEX copper futures broke through $5/lb. to a new record high on May 14, 2024, now at around $4.43/lb. on 6/18. Prices have stabilized as the global copper supply has increased after weak economic forecasts from China specifically. Demand still looks to outpace supply in the long term, driven by rising demand for renewable energy […]
The COMEX continues its record-breaking climb today, rising $0.16/lb. to $5.04/lb. Copper Tube Mills announced a 2.5% multiplier increase effective immediately, following a new list price sheet released on 5/14. Please call your United Pipe representative to place orders now. Copper prices have risen this year, up $1.27/lb. (34%) in the past six months amid […]
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 […]
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 […]
With copper opening up more than $0.10 and reaching $4.58/lb. today, Copper Tube Mills announced an increase and a new list price sheet. We will hold current price levels through the close of business today, 4/25, and move to the new, higher list price sheet tomorrow. It will be available on our website then. Please […]
With copper reaching $4.45/lb. today, the highest since March of 2022, Copper Tube Mills announced a 2.5% multiplier increase. We will hold current price levels through the close of business today, 4/18, and move to the new higher levels tomorrow. Please call your United Pipe representative to get your multiplier or to place orders before […]
With copper reaching an 18-month high of $4.34/lb. today, Copper Tube Mills announced a 3% copper increase and a new list price sheet. We will hold current price levels through the close of business today, 4/12, and upload the new list price sheet on Monday. Decreasing mine output combined with higher-than-expected demand is driving these […]
Domestic Steel mills, PVC Pipe mills, and Copper Tube mills have all announced price increases. Find out when they will take effect below. In volatile times like these, continue to rely on our nationwide inventory to make smaller purchases more frequently. Mix and match all pipe products to make our low minimum weight for FFA […]
With copper up another $.03/lb. today after closing up $.12/lb. yesterday, Copper Tube Mills implemented a new, higher list price sheet effective immediately. We have uploaded a new list price sheet dated 4/4 to our website. Copper has been trading at or above $4/lb. since mid-March ($4.23/lb. today, the highest level in 14 months). Supply […]
With copper up $.11/lb today, a copper tube increase is likely for tomorrow. Copper has been trading at or above $4/lb since mid-March for the first time in a year. With mining capacity being cut, production of smelters is falling, and global prices are increasing. Please call your United Pipe representative for more info or […]
