Tag: market

Copper Tube

Why Copper is Up, and a Multiplier Increase is Possible

Copper has been even more volatile than usual of late.   According to this article from CNBC, “Copper bounced on Tuesday as traders and funds reversed bets on lower prices after China’s central bank moved to offset the damage to economic growth and demand from the coronavirus in the top consumer.”  To summarize: China’s copper […]

US Metal Conduit

Understanding the Rising Metal Conduit Prices

Our friends at Wheatland Tube have provided a steel and market update, which contains info about an anticipated 7% price increase on metal conduit in the near future.  Steel conduit mills are pushing through their fourth price increase this year,  after cumulative increases over the base of 8%  in October, 17% in early November and […]

Copper Tube

Copper Multipliers Raised 5%, Copper up Over $.10 Today

Copper is up over $.10 today, which you can track on our COMEX page. In response to this, mills have raised multipliers by 5%. All previous quotes have now expired. Please call your United Pipe representative to quote new orders for delivery. Click here to see our current list price sheet for Copper Tube, and […]

United Pipe Tackles Truck & Driver Availability

One of the continuing causes for increases on commodity products like steel pipe, copper tube and PVC pipe is the availability of truck transportation, or lack thereof. The Washington Post published an article about the current “severe trucker shortage” in the United States which reports on the contributing factors that have led to this jam. […]