Market Updates

COPPER

This chart indicates futures only. Click here for a daily COMEX chart.

In July, copper prices averaged $5.44, but as of today, prices have dropped to $4.45. Manufacturers are actively working to adjust pricing strategies while managing the challenges of higher-cost inventory, fluctuating copper prices, and shifting demand. As the market continues to seek stability, we encourage you to contact our team for project quoting and support to ensure your needs are met efficiently and effectively.

ALUMINUM

Aluminum wire has shown consistent pricing after experiencing increases over the past two months. This stability comes amid continued bullish global demand for aluminum, driven by strong industrial and infrastructure needs.

STEEL

Steel pricing has remained consistent over the past month, following a period of recovery from tariffs. Growth in the construction market is expected to continue, driving steady demand. Large-scale projects are contributing to ongoing demand for larger outer diameter (OD) steel products. To ensure timely delivery and alignment with your project timelines, please communicate your specific needs and schedules with our team.

Steel and Market Update - 6/16/25

August 12, 2025

Key Takeaways

Between August 1 and August 11, 2025, the copper market saw a notable decline following the announcement and implementation of U.S. tariffs on copper imports. On August 1, a 50% tariff was imposed on semi-finished copper products and copper-intensive derivative goods entering the United States, triggering market uncertainty and contributing to the sharp drop in copper prices. As always, stay in close contact with our sales team to ensure product availability, avoid potential delays and receive tailored solutions to support your upcoming projects.

Heather McDonald, Van Meter Inc.
Heather McDonald
Commodities Project Specialist
Van Meter Inc.

LEAD TIMES
Medium Voltage Cable - 35kv  50+ Weeks
Medium Voltage Cable - 15kv  24-30 weeks
Armored Cables Potentially up to 50+Weeks
Tray Cable Lead times dependent on sizing and total footage needed
PVC 20’s and 4” and larger, plan for 2-4 weeks on large quantities

August Featured Products

Explore our top picks of the month and discover how Southwire is powering progress, one connection at a time.

Southwire GRIPit

The SIMpull ™ GRIPit ™ Circuit Management System simplifies wire installation for #14AWG to #10AWG conductors, connecting up to 7 wires without stripping or taping—saving time and effort.

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Southwire Soft Shackle

Southwire’s QWIKrope® LINK safely connects two eyed ropes, with flexibility at tough pull points. Made from high-strength polyethylene fiber, it's available in 1/8” and 1/4” and supports loads up to 11,250 lbs.

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Southwire Swivel Clevis

This swivel connector prevents rope and wire tangling during pulls, fits up to 1” rope, and passes over pulleys with ease. Its pin roller design boosts strength and load distribution.

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