Market Updates

COPPER

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

Supply and demand are both staying strong, keeping things busy across the board. Since April, copper prices have been all over the place — ranging from around $5.20 to $4.09 — driven more by market uncertainty than typical supply and demand factors. If you're working on current or upcoming copper projects, Van Meter is here to help you navigate the volatility and find the right solutions.

ALUMINUM

Aluminum prices have remained relatively stable, providing some consistency in the market. However, with a significant increase in demand expected this summer for feeder aluminum building wire and photovoltaic (PV) aluminum wire, it's important to proactively communicate project needs for these critical items.

STEEL

Steel & Market Update - 4/19/25

Steel prices have been on the rise over the past several months, and further gradual increases are anticipated throughout the summer. Van Meter remains committed to sourcing 100% American-made steel, which means recent tariffs will not directly affect our supplier. However, these tariffs are expected to influence the broader market, potentially impacting overall steel costs.

May 15, 2025

Key Takeaways

Summer is approaching, and with it comes an increase in product demand. To ensure smooth operations and product availability, it's essential to maintain clear and consistent communication with your sales team. Meanwhile, the metal markets continue to fluctuate due to ongoing geopolitical uncertainties, adding another layer of complexity to planning and procurement. For the best support and tailored solutions for your upcoming projects, please contact your sales team — they're here to help you navigate these dynamic conditions effectively.

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

LEAD TIMES
Medium Voltage Cable - 35kv  50+ Weeks
Medium Voltage Cable - 15kv  24-26 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 2-3 weeks on large quantities

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