Malleable iron fittings report: April 2017
There has been little or no change since last month’s report. Demand and capacity remain steady, but some observers see a steady shift in more end users requesting domestic product. The fall price increase has settled firmly in place with rising health-care and labor costs being the primary drivers. Continue to monitor rising prices for scrap.
There has been little or no change since last month’s report. Rising raw material prices prompted an industry-wide 10% percent price increase effective in March, which is sticking.