Demand fluctuates across geography and vertical markets. 

Steel coil and scrap pricing remain volatile.

We might see demand increase if oil continues to strengthen. 

The Producer Price Index for copper tube and fittings was up 5.2% month-over-month (up 2.3% in the last update) and was down 3.7% year-over-year (down 7.5% Y/Y last month). 

NYMEX domestic hot-rolled coil steel prices were $504 per ton for September futures ($502 per ton in the last update).  

Overall, the market is being negatively affected by COVID-19 and the oil and gas markets with no near-term end in sight.

Valve prices according to the Producer Price Index were down 0.3% month-over-month in July (up 0.8% last month). 

Nickel prices have risen over the past 30 days to @$6.02 per lb. ($5.82 in the last update). 

The Producer Price Index for copper tube and fittings was up 2.3% month-over-month (up 0.3% in the last update) and was down 7.5% year-over-year (down 16.7% Y/Y last month). 

NYMEX domestic hot-rolled coil steel prices were $502 per ton for August futures ($500 per ton in the last update).