Supply House Times
www.supplyht.com/articles/103573-domestic-malleable-fittings-welded-nipples-november-2020
Malleable Iron Fittings

Domestic Malleable Fittings / Welded Nipples: November 2020

November 2, 2020
  • Steel prices have increased 54% in the past four months. We expect to see a 7% increase on the back of projected steel scrap / CW pipe increases before Q1 2021. Demand remains stable and fill rates should be ~98% for standard sizes / classes through Q4 2020. Imports have been greatly reduced which has caused some manufacturing constraints from domestic manufacturers.