NYMEX domestic hot-rolled coil steel prices were $582 per ton ($574 per ton in the last update).

Valve prices according to the Producer Price Index were up 0.4% month-over-month in May (up 0.4% last month also)

Nickel prices have increased over the past 30 days to around $6.45 per lb

Producer prices for HDPE pipe were up .2% M/M (-1.2% last month), but were down 1.2% Y/Y (up 1.2% Y/Y last month).

The market is expected to see a 5% increase on MI fittings in late 3Q19. #1 heavy scrap has decreased by >30% since this time last year.

Market remains strong through June; Inventory levels have supported the demand following increase announcements in 2nd quarter.

Price and lead times are expected to remain flat through 3Q19.

The producer price index for copper tube and fittings was down 3.9% month-over-month

NYMEX domestic hot-rolled coil steel prices were $574 per ton

Inventories are high and demand has softened putting downward pressure on prices