Valves report: July 2017
There was no significant pricing activity — up or down — in June, and there has been relatively little change in commodity metal costs. Copper and nickel were up slightly, and lead and zinc were up double digits. All except for nickel have remained high relative to the same time last year.
Overall, the market outlook remains steady. Construction spending for residential activity was down (0.5) percent over April but up 10.9% year over year. Commercial (building) construction was up 1.1% for the month and 7.9% percent year over year.
The American Supply Association and its Industrial Piping Division is the national organization serving wholesale distributors and their suppliers in the industrial and mechanical pipe-valve-fitting industry. As a powerful alliance of channel partners, we provide a forum for your upstream trading partners to exchange critical information and address key issues.
In particular, ASA’s IPD members constantly check the pulse of the materials and commodities they proudly supply to you. ASA’s IPD members are knowledgeable industry leaders, and those who volunteer their service on the IPD Executive Council compile and prepare the IPD Commodity Reports. The reports contain some of the most current and qualified market data and information available from the industry’s leading manufacturers and distributors about emerging trends and other price-influencing actions and events.
This information is an example of how ASA’s IPD manufacturer and distributor members are constantly looking ahead to ensure you have information and resources you need to be successful. Learn more at www.AdvanceYourAbility.com.