Valve prices, according to the Producer Price Index, were up 0.1% month-over-month in May (up 0.7% last month). 

Nickel prices have risen over the past 30 days to @ $5.82 per lb. ($5.42 in the last update).  

Producer prices for HDPE pipe were up 0.1% M/M (down 0.6% last month) and were down 0.5% Y/Y (down 1.8% Y/Y last month).  

No change from last month. 

Steel coil and scrap have started to increase. 

We might see demand increase if oil remains bullish. Currently, demand is weaker than last year and inventories are high. 

The Producer Price Index for copper tube and fittings was up 0.3% month-over-month (down 5.6% in the last update) and was down 16.7% year-over-year (down 16.8% Y/Y last month). 

NYMEX domestic hot-rolled coil steel prices were $500 per ton for July futures ($516 per ton in the last update).  

Overall, demand is very weak, and supply is sufficient. 

NYMEX domestic hot-rolled coil steel prices were $516 per ton for June futures ($480 per ton in the last update).