Supply House Times
www.supplyht.com/articles/103011-domestic-malleable-fittings-welded-nipples-april-2020
Malleable Iron Fittings

Domestic Malleable Fittings / Welded Nipples: April 2020

April 6, 2020
  • Steel coil along with scrap has softened from weak demand in part due to virus concerns. We expect to see a 5% increase on the back of projected steel scrap / CW pipe increases. However, this increase will likely be deferred to early 2021. Demand remains stable and fill rates should be ~98% for standard sizes / classes through Q2 2020.