Increase Monday 12/4: Domestic & Globally Sourced Welded Steel Pipe
DOMESTIC WELDED STEEL PIPE
Due to the continued increase of input costs, domestic steel pipe mills have announced another immediate price increase of approximately 5-10% on the products listed below:
- 1/2” – 4” Continuous Weld Pipe
- 2” – 18” Grade B ERW Pipe
- 1” – 10” Sprinkler Pipe
In addition, mills have advised that lead times are now extended by 4-10 weeks, depending on the item.
GLOBALLY SOURCED WELDED STEEL PIPE
Due to the rising costs of offshore Hot Roll Coil, we will be implementing a minimum price increase of $100/ton (higher on Galvanized products) on globally sourced welded steel pipe products on Monday, 12/4. This increase is likely the first of multiple price increases in this product category that will take effect over the next few months into the first quarter of 2024.
November 28, 2023, 11:12 am
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