NYMEX domestic hot-rolled coil steel prices were $668 per ton for November futures ($591 per ton in the last update).  

Demand remains soft leading to sufficient supply of product. 

Nickel prices have risen over the past 30 days to @$7.07 per lb. ($6.70 in the last update). 

The Producer Price Index for copper tube and fittings was up 1.5% month-over-month (up 5.3% in the last update), and was up 9.8% year-over-year (up 7.6% Y/Y last month). 

Producer prices for HDPE pipe were up 3.4% M/M (up 2.6% last month), and were up 5.7% Y/Y (up 1.8% Y/Y last month).  

Valve prices according to the Producer Price Index were flat once again month-over-month in September (flat last month). 

Increased demand across vertical markets briefly impacted lead times. 

We might see demand increase if oil continues to strengthen. 

Steel prices have shown consistent increases over the past month.

NYMEX domestic hot-rolled coil steel prices were $591 per ton for October futures ($504 per ton in the last update).