Articles Tagged with ''commodity reports''

Inventory levels are stable and keeping pace with current demand. 

Expect a 6-8% increase if raw materials continue to escalate.  

Steel prices have more than doubled in the past six months. 

NYMEX domestic hot-rolled coil steel prices were $1,066 per ton for January futures ($885 per ton in the last update).  

Discussion of a 10% price increase on domestic carbon flanges is circulating, while the import market remains unchanged at this time. 

Nickel prices have risen over the past 30 days to @$8.18 per lb. ($7.85 in the last update).  

The Producer Price Index for copper tube and fittings was up 4.8% month-over-month (up 5.8% in the last update) and was up 16.9% year-over-year (up 10.0% Y/Y last month). 

Producer prices for HDPE pipe were up 0.2% M/M (up 3.5% last month) and were up 14.0% Y/Y (up 13.5% Y/Y last month).  

Valve prices, according to the Producer Price Index, were up 0.7% month-over-month in December (down 0.5% last month). 

Inventory levels are stable and keeping pace with current demand.