Increase Monday 12/4: Domestic & Globally Sourced Welded Steel Pipe

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, 12:12 pm United Pipe & Steel

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