As expected, copper and other base metal prices are collapsing, along with economy I guess. If you have a project that requires a lot of copper and it can wait a few months, you will likely see much lower pipe/fitting prices. I expect to see copper below $2/lb a year from now. If you have a pile of copper/steel scrap I would unload it now. Scrap copper prices of $1/lb coming soon to a scrapyard near you !
Oil prices are likely to fall substantially too....can't happen soon enough !
http://www.kitcometals.com/charts/copper_historical_large.html#6months
Pat
Oil prices are likely to fall substantially too....can't happen soon enough !
http://www.kitcometals.com/charts/copper_historical_large.html#6months
Pat