US tube, pipe prices strengthen after mill increases

Prices for domestically produced mechanical tubing and standard pipe in the United States rose after electric-resistance-welded (ERW) mills increased their asking prices in July.

American Metal Market's monthly pricing assessment for US domestic A513 mechanical tubing climbed to $1,230-1,255 per ton ($61.50-62.75 per hundredweight) fob mill on Tuesday August 14 from $1,190-1,240 per ton on July 10. The ERW prices strengthened even though the cost of hot-rolled coil substrate declined four weeks out of five, weakening from its highest point in almost a decade. So far, the slippage in the coil price has...

Published

Dom Yanchunas

August 15, 2018

20:00 GMT

New York