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Steel Market Barometer November 2024
Port StrikeThe port strike in the United States ended in October 2024 after the International Longshoremen's Association (ILA) agreed to a tentative deal with the United States Maritime Alliance (USMX). The tentative agreement does not resolve differences between the union and shipping companies over the use of automated machinery, sources said. That will be a key focus of negotiations between both sides from now until January 15. This agreement affects many of the main ports that are used for i
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November 12, 2024, 9:13 pm
Import Steel Pipe Increase
Due
to a combination of factors, including rising raw material costs, increasing
ocean freight related to the unrest in the Middle East, higher container demand
ahead of the holiday season, and the possibility of multiple domestic port
closures due to pending labor
strikes, effective Monday, September 30th, United Pipe and Steel is
announcing an increase on import welded steel pipe of approximately
$100-$150/TON.
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September 23, 2024, 7:34 am
Copper Tube Increase
What's Happening with CopperDue to market conditions, copper tube mills have announced an
increase and released a new list price sheet dated 8/15, which will be
available on our website today. A
strike at the Escondida copper mine in Chile has increased global copper
prices, heightening supply concerns as the standoff continues.
In volatile times like these, rely on our nationwide stock of commodity pipe
products. Break bundles and combine copper tube, steel pipe, and PVC pipe in
your o
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August 15, 2024, 3:20 pm
Pressure Reducing vs Pressure Restricting Valves
In the vast network of pipelines in industrial complexes, residential buildings, and municipal water systems, maintaining optimal pressure is crucial. Pressure control valves play a pivotal role in this process. Two common types of pressure control valves are pressure-reducing valves and pressure-restricting valves.Pressure-Regulating DevicesThe National Fire Protection Association (NFPA) defines pressure-regulating devices as something designed to reduce, regulate, control, or restrict water pr
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July 4, 2024, 6:55 am
Important Price Increase Ahead!
Due to continued increases in the costs of raw materials, most notably Copper, as well as general operating expenses, Merit Brass Company will be implementing the following price increases which will become effective on June 17th, 2024.
Domestic Brass Fittings (Leaded) 10%Domestic Brass Fittings (Lead-Free) 10%Domestic Brass Nipples 6%
June 3, 2024, 6:31 am