Market Updates

COPPER

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

Copper prices have declined following reports of reduced demand from China and eased concerns over global supply, with mines projecting increased output for both 2025 and 2026. Despite this, U.S. demand remains strong, driven by mission-critical projects and the infrastructure required to support them.

ALUMINUM

Aluminum prices have stabilized for now, but increases are expected in the coming months as demand rises due to utility spring buyouts.

STEEL

Steel prices have been on a steady rise, and manufacturers are signaling additional increases expected by mid-November.

November 6, 2025

Key Takeaways

While the supply chain has stabilized for now, proactive planning remains essential to keep projects aligned within contract timelines. Continued growth in mission-critical work is driving up demand and extending lead times for Medium Voltage Cable, so it's important to discuss cable needs early—ideally when gear requirements are first being reviewed. With winter approaching, ensure your cold weather wire and cable pulling plans are in place. Don't hesitate to reach out to Van Meter for support.

Maggie McGurk, Van Meter Inc.
Maggie McGurk
Commodities Manager
Van Meter Inc.

LEAD TIMES
Medium Voltage Cable - 35kv  40-44 weeks
Medium Voltage Cable - 15kv  22-24 weeks
Armored Cables 22-24 weeks
Tray Cable 6-8 weeks
PVC In stock or up to 6 weeks

Featured Products

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

Southwire Bend Stations

This system offers up to 30% faster bending with precise measurements, bends, and cuts. Its ergonomic 36-inch table height reduces labor fatigue by allowing work to be done standing rather than bending over. It can store between 500 and 100 feet of conduit, depending on the model and conduit size, and includes extra shelving for tools and materials. Heavy-duty casters provide easy transportation and mobility.

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Maxis Multi-Shoe Bender

Lightweight and easy to transport, this bender handles EMT, IMC, and Rigid conduit with interchangeable shoe groups. Its VFD-driven drivetrain delivers maximum power for tough bends, while the proprietary Straight-Track mounting ensures precise, uniform results. Built for durability, it comes with an industry-leading 5-year warranty.

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Maxis 2.5" - 4" Hydraulic Bending Machine

This bender is the most efficient solution for 2.5"–4" EMT, IMC, and Rigid conduit. It features a hydraulically raised mast for quick, safe setup, long-stroke cylinder for fast shoe changes, and precise cylinder control to minimize downtime. Precision-machined shoes ensure accurate bends, while color-coded accessories and smart storage keep everything organized.

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