Domestic Malleable Fittings / Welded Nipples: September 2020
- Steel coil and scrap pricing remain volatile. We expect to see a 5% increase on the back of projected steel scrap / CW pipe increases before Q1 2021. Demand remains stable and fill rates should be ~98% for standard sizes / classes through Q4 2020. Imports have been severely reduced which has caused some manufacturing constraints from domestic manufacturers.
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