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Milwaukee Valve Co. National Sales Manager Commercial and Industrial Products Ryan Ohm recently died, the New Berlin, Wisconsin-based manufacturer announced.
Growing up, gameshows on television were a big thing. I can remember countless times eating dinner at my grandparent’s house and Wheel of Fortune being on the small television in the kitchen right in front of the table. Easy to see Pat and Vana and enjoy grandma’s cube steak at the same time.
Valve prices, according to the Producer Price Index, were up 0.9% month-over-month in August (up 0.6% last month). On a year-over-year basis, prices were up 4.2% (up 3.4% last month).
Global supply chain challenges continue to impact the carbon steel fitting and flange marketplace. Lead times have been extending and steel prices remain on the rise. Capitol Manufacturing implemented a new price list sheet that represents a 6% pricing increase on welded carbon steel nipples (Effective Sept. 9).
The Producer Price Index for iron and steel forging was 13.4% higher year-over-year in August (10.0% in the last update). Month-over-month, prices were higher by 2.8% (2.3% in the last update).
Producer prices for steel pipe and tube were up 9.2% month-over-month in August (up 9% last month) and are still near the highest on record. Year-over-year, prices are 63.5% higher (48.8% higher Y/Y last month).
Nickel prices have increased over the past 30 days to @$8.94 per lb. ($8.72 in the last update). Warehouse levels were sharply lower again this month at 177,078 tons (202,896 tons in the last update).
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