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.
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