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Domestic Malleable Fittings / Welded Nipples: June 2020
May 25, 2020
Steel coil and scrap have started to increase. We expect to see a 5% increase on the back of projected steel scrap / CW pipe increases; however, this increase likely will be deferred to early 2021. Demand remains stable and fill rates should be ~98% for standard sizes / classes through Q2 2020.