Carbon steel fittings & flanges report: January 2019
A number of factors continue to push fitting and flange prices higher. Demand remained steady in the U.S. as upstream and downstream petroleum activity increased year-over-year. In addition, tariff and anti-dumping supply risk added to price stability.
The U.S. Producer Price Index for fittings hit an all-time high in November at 190.5. The index has been steadily increasing since May of 2018.