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(AMM) Southland Tube sets $50/T tubular price hike

March 10, 2010 - 20:51 GMT Location: PITTSBURGH

KEYWORDS: Southland Tube , mechanical tube , structural tube , pipe

Southland Tube Inc. is leading the pack in the latest round of tubular price hikes.

In a letter to customers dated March 10, the producer said it will increase pricing for all new orders on mechanical, structural and pipe products by $50 per ton, effective immediately.

"This increase is necessary as a result of the continued rise in raw material costs," Joseph A. Carley, Southland's vice president of sales...

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