Supply House Times
www.supplyht.com/articles/102874-domestic-malleable-fittings-welded-nipples-february-2020
Malleable Iron Fittings

Domestic Malleable Fittings / Welded Nipples: February 2020

February 14, 2020
  • Steel (flat-rolled and scrap) price has softened over the past month. Manufacturers will have a hard time pushing through an increase in Q1/Q2.  If steel strengthens later in 2020, we could see a potential increase later in the year.
  • Demand remains stable and fill rates should be ~98% for standard sizes / classes through 2Q ‘20.