Commodity Watch
The supply chain is constantly evolving and we’re here to help you stay ahead. As we move deeper into 2026, global and domestic markets are feeling the weight of increasing tariffs, commodity fluctuations, and ongoing manufacturer price adjustments. From steel pipe to copper fittings, nearly every segment of the mechanical and industrial supply chain is feeling pressure—and that means staying informed is more important than ever.
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Last Updated: Jul 28, 2026 4:47 PM EDT
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Last Updated: Jul 28, 2026 4:47 PM EDT
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Disclaimer: We strive to ensure all pricing and product information is accurate and up to date. However, CDS cannot guarantee the absence of errors or omissions. We recommend reaching out directly to confirm the most current information. Thank you!
Announced February 4, 2025 – 25% tariffs on goods from Mexico and Canada, as well as 10% tariffs on imports from China, but the next day announced a one-month pause on Canada and Mexico after reaching agreements with each country. Continued with the planned 10% tariffs on goods from China.
Announced March 4, 2025 – Previously announced tariffs went into effect with Canada, Mexico and China, but the Canada and Mexico ones were again paused.
Effective March 12, 2025 – 25% on all imported steel, including from countries previously exempt (Canada, Mexico, EU, Japan, etc.)
Effective April 2, 2025 – 10% on all imports, with higher “reciprocal” tariffs for specific countries
Effective April 9, 2025 – Higher tariffs were implemented, including a 125% tariff on Chinese imports, and a 20% tariff on European Union goods.
Effective April 9, 2025 – 90-Day pause on “reciprocal tariffs” for most countries, reverting their rates to the baseline of 10%. However, the 25% tariffs on steel and aluminum remained in effect.
Effective May 12, 2025 – US and China have agreed to a 90-Day pause on most tariffs that they have imposed on each other since last month, taking a big step toward easing the trade war between the two countries.
With the U.S. reducing tariffs on Chinese exports to 30%, a surge in new orders has followed, which has the potential to push near-term global demand and freight activity higher, potentially increasing freight costs.
Effective June 4, 2025 – White House announced an additional 25% (for a total of 50%) on all imported steel and aluminum.
Effective August 1, 2025 – White House announced a 50% tariff on import copper.
Effective July 24, 2026 – The U.S. imposed additional Section 301 tariffs ranging from 10% to 12.5% on imports from 60 trading partners (including the EU, Canada, and Mexico) due to forced-labor enforcement issues.
As of July 28, 2026
1.5% Increase 1/6/26 – list and multiplier change
7.7% Increase 1/29/26 – list and multiplier change
2.5% Decrease 2/2/26 – multiplier change
2.5% Decrease 2/10/26 – multiplier change
2.5% Decrease 3/16/26 – list and multiplier change
2.47% Decrease 3/31/26 – multiplier change
1/2″-1″ type L – 0.05% decrease, 3″ and above – 7.5% increase, all other sizes and types 1.5% increase 4/10/26 – list and multiplier change
2.6% Increase 4/20/26 – multiplier change
2.6% Decrease 5/4/26 – multiplier change
1% Increase 5/11/26 – list and multiplier change
2.6% Increase 5/13/26 – multiplier change
2.5% Increase 5/14/26 – multiplier change
2.5% Decrease 5/19/26 – multiplier change
2.5% Decrease 6/23/26 – multiplier change
4.6% Increase 7/23/26 – list and multiplier change
5% Average increase 1/21/25
6.25% Average increase 2/5/25
6.25% Average increase 2/17/25
9% Average increase 2/27/25
7% Average increase 3/10/25
8% Average increase 3/21/25
6.5% Average increase 10/31/25
7% Average increase 11/12/25
2-1/2 had a 14% increase, other sizes 7% increase 12/5/25
2.5%-2.7% Increase 1/13/26
5.2% Increase 3/2/26
3.7% Increase 3/16/26
5% Increase 5/11/26
5.5%-8% Increase varies by size 6/1/26
4.3% Increase 6/24/26
4.2% Increase varies by size 7/27/26
13% Average increase 2/14/25
10% Average increase 2/27/25
20% Average increase 2/19/25
5% Increase 1/21/25
7% Increase 4/14/25
7% Increase 1/2/26
7% Increase 3/4/26
10% Increase announced for 3/26/26
10% Increase 4/15/26
7% Increase 5/4/26
24% Increase 2/27/25
3-7% Average increase 3/1/25 Viega – ProPress Copper
5% Increase 2/10/25 Mueller Streamline PRS Copper Press
7% Increase 3/3/25 Mueller Streamline PRS Copper Press
20% Increase 5/1/25 Viega ProPress Stainless & MegaPress
12.5% Increase 8/18/25 Viega ProPress Stainless & MegaPress
7% Average increase 8/4/25 Mueller Streamline PRS Copper Press
25% Average increase 9/8/25 Viega ProPress Copper
25% Average increase 9/8/25 Mueller Streamline PRS Copper Press (amending the 7% increase effective 8/4/25)
7% Average increase 12/8/25 Mueller Streamline ACR Copper Press
The prior Mueller Streamline PRS Copper Press increase of 25% in September has been rescinded and revised to a 7% increase over March 2025 pricing, effective 12/16/25
10% Average increase 5/22/26 Mueller Streamline ACR Copper Press
8% Increase 6/22/26 Mueller Streamline PRS Copper Press
8% Increase 2/17/25
7% Increase 4/7/25 – list and multiplier change
8.7% Average increase 7/16/25
7% Average increase 1/19/26
10% Increase 5/11/26
25% Average increase 2/18/25
4% Average increase 4/2/25
8%-14% Average increase 4/3/25
10% Average increase 6/5/25, based on added 25% tariffs. (now 50% on import steel). If the tariff sticks, there will likely be additional increases.
25%-75% Varies by type 3/13/26
6% Increase 2/28/25
6.5% Increase 6/30/25
5% Increase 2/1/26
10% Increase 3/10/25
5%-25% Increase varies by item 4/14/25
5%-25% Increase varies by item 5/19/25
Previously announced increases effective 5/19/25 have been paused
10% Average increase varies by item 8/29/25, list and multiplier change
5%-7% increase varies by item 6/15/26
5% Increase 2/1/25
7% Increase 1/2/26
10% Increase 3/26/26
10% Increase 4/15/26
7% Increase 5/4/26
4.5% Increase 11/15/2024
2%-10% Increase varies by product 4/2/25
18% Increase, varies by product 4/16/25
4% Increase on commercial & industrial ball valves (excludes press) 1/6/25
6% Increase on import ball valves 2/28/25
6% Increase on press ball valves 3/20/25
Increase notice 3/21/25
Increase notice 4/15/25
Previously announced 68% increase on import valves has been reduced to 8% 5/16/25
4% Increase on valves, excludes import ball valves 1/2/26
3% Increase on commercial & industrial valves 5/7/26
3% Increase 1/20/25
6% Increase import ball valves 3/31/25
66% Increase import ball valves 4/17/25
Reduced the 66% increase on import ball valves to a 12% 5/12/25
9% Increase on brass check valves and 5% increase on import ball valves 10/27/25
4% Increase on most products 1/12/26
4% Increase on import ball valves 7/1/26
6% Increase on 1/6/25
10% Increase on 3/31/25
5% Increase on 1/19/26
4% Increase Valves 1/3/25
6% Increase bronze & iron strainers 3/3/25
6% Increase bronze & iron strainers 3/31/25
60% Increase on Chinese products 4/15/25
40% Increase on iron products 4/15/25
12% Increase on all others 4/15/25
Previously announced increases are being updated to the below, effective 5/16/25
4% Increase 1/5/26
5-6% Increase 2/13/25
60% Increase on strainers, checks & triple duty valves 4/17/25
Previously announced 60% increase on strainers, checks & triple duty valves has been lowered to 5% 5/16/25
20% Increase 10/28/25
15% Increase on standard duty couplings 3/7/25 Anaco Husky
8.5% Increase on SD4000 3/7/25 Anaco Husky
10% Increase on Heavy Weight 8/1/25 Mission
3% Increase on SD4000 7/1/26 Anaco Husky
5% Increase 1/1/25
10% Increase 4/1/25
25% Increase 5/15/25
5% Increase 1/19/26
4%-6% Increase varies by item 1/1/25
Structure change, requiring the cover to be purchased separately, but no price adjustment when purchased as a package 7/1/25
3%-5% Increase varies by item 1/1/26
As of July 20, 2026
Historical Price Comparison Between 6” A53 ERW Domestic Steel Pipe and Front-Month Hot-Rolled Coil Futures Contracts.
Historical Price Comparison Between 1/2” Type L Copper Tubing and Front-Month Copper Futures Contract.
Each month ASA publishes the ASA Commodities Reports, covering nine metal and plastics categories of keen interest to those doing business in the industrial and mechanical PVF supply chain. These reports are written by members of ASA’s Industrial Piping Division, comprised of distributors, manufacturers and master distributors of industrial and mechanical pipe, valves and fittings products.
As of July 27, 2026
Snapshot
Data center construction is a significant driver of domestic steel demand, and its growth has contributed to the overall consumption of steel in the US construction industry. While data centers represent a small portion of total construction spending, their rapid expansion, particularly over the last few years, has put pressure on steel prices. This demand, coupled with factors like megaprojects and tariffs, has led to higher steel prices, impacting data center construction costs.
Steel coil imports continue a downward trend. EU significantly increased tariffs (50%) predominately aimed at steel from China.
In March, the prices of carbon steel reached their highest point of the last 15 months. Limited spot-delivery availability and fewer import options have contributed to these increases. It should be noted that while the prices have risen to 2026-highs, the increase represents relatively modest climbs of 6% over the year’s low quote. Many domestic steel and pipe mills plan for maintenance downtime starting in Q2 so that will further tighten inventory and could put upward pressure on finished goods.
Domestic ERW manufacturers are having their fifth price increase in the last few months. After having a price increase of an average 7% on October 31st, then just two weeks later had a 6.5% increase on November 11th. They have now increased 2-1/2″ ERW by 14% and all other sizes by 7% on December 5th and effective 1/13/26, another 2.5%-2.7%.
3/2/26 Due to escalating input costs and increased demand for pipe products, There is an additional 5.2% increase announced. ($80/Ton on 1/2″-4″ Continuous Weld Pipe (Surethread) and 2″ – 18″ Grade B ERW Pipe.
3/16/26 Domestic production delays, low import volumes, and limited spot availability continue to result in higher domestic mill prices. Wheatland announced another ($60/Ton on 1/2″-4″ Continuous weld pipe (Surethread) and 2″ – 18″ Grade B ERW Pipe.
5/11/26 Due to escalating input costs, and increased demand for pipe products, Wheatland Tube will be increasing prices by roughly 5%.
6/2/26 Effective immediately on all orders, 5.5%-8% price increase, varies by size.
6/24/26 Effective immediately on all orders, 4.3% price increase.
7/27/26 Effective immediately on all orders, 4.2% price increase, varies by size.
A year into the 50% Section 232, tariffs have shifted the U.S. market toward domestic supply, supporting the current pricing rally. Mill output is near multi-year highs, while service center inventories are at 2.14 months of on-hand at the end of June.
Hot-rolled coil pricing is up about 30% vs this time last year. Many steel mills have maintained or extended outages, putting pressure on inventories and driving up costs. The presence of Section 232 tariffs, however, has been the largest driver in price increases. While some non-defense-related tariffs have been successfully challenged in court, the current steel tariffs are likely to remain. That fact, combined with relatively strong demand, should see steel pipe prices remain higher than normal, and further increases are likely.
US steel mills were at 80.4% capacity utilization.
As of June 8, 2026
Snapshot
Customers are reacting with increased spike in order activity and suppliers are adjusting to the increased demand. This is due to the potential impact of tariffs would have on future orders and to get ahead. Lead times remain standard from both master’s and our international sources for the Generic offering. We’re still seeing increased activity within the commercial sector around large capital projects that use Large Outer Diameter (LOD) products. ERW has increased about 51.5% since the beginning of 2025. With the White House imposing an additional 25% tariff on import steel, effective 6/4/25, there is a 10% price increase effective immediately. If the tariff sticks, there will likely be more increases.
Demand for carbon steel weld fittings & flanges has slowed in August which has caused some price deflation while landed costs are rising due to receiving in containers that have the additional Section 232 tariff applied. This may cause future price adjustments.
Inventories for 12-inch-and-under carbon steel weld fittings and flanges are starting to recover after weak inventory levels in the second and third quarter however inventory for 14-24-inch material has not fully recovered due to the data center demand.
We are currently seeing larger than normal requests for data center projects scheduled for the first quarter of 2026. If they are all purchased at the same time, this could cause shortages or longer lead times for specific size carbon steel weld fittings & flanges.
Carbon-steel weld fittings and flanges were not affected by the Supreme Court’s decision to overturn the tariffs enacted by President Trump as they fall under Section 232 tariffs on steel and aluminum.
May brought increases in flange pricing from the domestic manufacturers. They are also seeing increased lead times in production times due to increased volume requests due to the shortage of material coming from overseas. Large data center products continue to be the driving force behind the increase in demand.
3/13/26 Weld fitting prices are skyrocketing due to a combination of surging raw material costs (steel, iron ore), intense global demand, and significant shipping bottlenecks, particularly exacerbated by Middle East conflict-driven freight issues. Domestic and import prices are rising as manufacturers pass on increased energy, labor, and compliance costs.
| Import Date Change | % Change | |
|---|---|---|
| 2/18/25 | 35% | Average Increase |
| 4/2/25 | 5% | Average Increase |
| 4/3/25 | 8-12% | Varies by item |
| 6/4/25 | 10% | Average Increase |
| 3/13/26 | 25%-75% | Varies by item |
As of July 23, 2026
Snapshot
9/25/25 – Copper prices are poised for their largest weekly gain in three months, driven by intensified global supply disruptions, including an accident at Freeport-McMoRan’s Grasberg mine and a mill shutdown in Peru. These events have tightened the supply-demand balance and are contributing to a bullish outlook for copper throughout the rest of 2025 and potentially into 2026
10/30/25 – Copper has been riding high over the last several days. This latest surge is being driven by optimism for another rate cut by The Fed and a potential trade deal between the US & China being worked out as soon as this week. Supply concerns from major mines across the world continue to be worrisome. The Comex is currently trading near $5.20 lb.
Copper tubing manufacturers announced a new list price sheet on 10/30/25, with a new multiplier structure as well. the net increase is +2% on 1/2″-4″ and +1% on sizes over 4″.
11/4/25 – Wall Street executives are voicing concerns of valuations being too high and it’s causing a selloff in the financial markets. The dollar is surging, putting a lot of negative pressure on most commodities, including copper. With this news, copper manufacturers have announced a 2.5% decrease on 11/4/25.
12/3/25 – With Comex trading near $5.30, Copper tubing manufacturers announced a new list price sheet, that is 8% lower, however the multipliers increased by 10%, so there is a net increase of about 2%.
12/12/25 – In part, in response to the rate cut, copper tubing continues to increase with Comex trading near $5.40. Copper tubing manufacturers announced a multiplier change, netting in an increase of about 2.6%.
12/29/25 – With Comex trading over $5.60, copper tubing manufacturers announced a multiplier change, with the impact to nets being around a 5.3% increase.
1/6/26 – Comex is trading near $6.00 and with that copper tubing manufacturers announced a list price adjustment of approximately 6% higher pricing, but a multiplier decrease, reflecting around a 1.5% increase in net price. Copper prices surged higher following news of a strike at a Chilean mine, sparking up supply concerns once again.
1/29/26 – Comex hit record highs on 1/28/26 rising to over $6.60 lb and with that the copper tubing manufacturers announced list price increase of 5% and a multiplier adjustment of approximately 2.7%, for a total net impact of around 7.7% net increase.
2/2/26 – Copper has had a 2.5% decrease in multiplier.
2/10/26 – Copper has had another 2.5% decrease in multiplier.
3/9/26 – While a war in Iran, weak Chinese economic, a strong dollar and tumbling stock market are putting a lot of negative pressure on copper; despite all these things there is another 2.5% decrease in multiplier. Some manufacturers adjusted the multiplier only, some adjusted the list and multiplier but the net reduction was the same. On 3/16, all manufacturers were on the same list price.
3/31/26 – The uncertainty of the Iran ware is putting a damper on the global economy. Chinese demand has picked up as they buy the dip, but the dollar remains strong. With its inverse relationship to copper, it keeps a lid on pricing moving higher. Comex is currently trading above $5.50.
4/9/26 – the fragile truce with Iran is keeping the financial markets on edge. 1/2″-1″ type L – 0.05% decrease, 3″ and above – 7.5% increase, all other sizes and types 1.5% increase 4/10/26 – list and multiplier change
4/20/26 – The fragile cease fire between the U.S. and Iran appears to be faltering. This is putting the financial markets on edge. Copper remains steady, primarily due to the strong demand from China. It is high season for copper production there and LME inventories have been steadily dropping. Comex is currently trading above $6.05. Manufacturers have announced a 2.6% price increase with a multiplier adjustment.
5/4/26 – Copper is reflective of the current state of world affairs. Pricing is staying elevated due to poor mine performance but also very sensitive in its daily reactions to the global financial markets. The Comex is currently trading above $5.84 p/lb. With that, copper tubing manufacturers have lowered their multiplier by roughly 2.6%.
5/11/26 – Copper continues to stay strong in an uncertain world. While the U.S. and Iran can’t seem to find common ground for peace, the business world keeps moving forward. A positive jobs report on Friday is one reflection of this. With that, copper tubing manufacturers have increased their list prices across all sizes and types by roughly 3.5%, but with their new multiplier structure, reflects a net increase of about 1%.
5/13/26 – Copper continues to stay strong, with Comex setting a record high on May 12th, 2026, closing the day at $6.485. Much of this increase is driven by the uncertainty in the world but also by increased demand in China, in part due to smelting maintenance, driving more imports. 5/14/26, another 2.5% price increase was implemented, based on Comex closing at over $6.60.
5/19/26 – There seems to be no sign of progress with Iran on a peace plan, which is keeping energy costs high. Weaker than expected economic data from China and a dollar that is getting stronger is not a recipe for positive economic growth. With that, copper tubing has had a 2.5% decrease in multiplier.
6/23/26 – Positive news on peace talks with Iran are helping bring energy costs down. Talks of a potential rate hike from the Fed in the coming months is making the dollar stronger, which typically keeps pressure on copper from rising. Based on this, copper tubing has had a 2.5% decrease in multiplier.
7/23/26 With continued volatility in the Middle East and energy costs moving higher, copper tubing manufacturers have come out with a new list price sheet that is approximately 9.6% higher than the previous sheet. With the new multiplier structure the net impact is approximately a 4.6% increase.
Futures remain in Contango.
As of May 11, 2026
Snapshot
Copper fittings are feeling the pressure from both material costs and manufacturer adjustments, with multiple brands announcing increases across WROT, cast, and press products throughout Q1.
As of January 2, 2026
Snapshot
Charlotte Pipe and Foundry has announced new 2026 list price sheets that will represent an approximate 5% list price increase on cast iron pipe & fittings, effective January 2nd 2026. There are some instances where the increase could be greater than 5% for certain items.
As of May 4, 2026
Snapshot
Ongoing disruptions in the resin market, including a recent force majeure declaration by a PVC resin producer, have significantly increased resin costs. As a result, Charlotte Pipe and Foundry will increase prices on PVC pipe and fittings by approximately 10%, effective Wednesday, April 15, 2026 (some items may increase more than 10 percent). On Monday, May 4, 2026, an additional 7% increase became effective.
