Announced price increases on electric-resistance welded (ERW) material held true to varying degrees, depending on customer relationships and geographical proximity to where large mills compete head-to-head most aggressively.
Prices for hot-rolled coil provided little clear guidance, with Fastmarkets AMM's daily US HRC index alternating up and down from Friday March 1 to Wednesday March 13.
"Everything is very regional right now," a West Coast distributor said. "Some places don't have the activity level to justify the structural increases. I don't see the coil able to push it up anymore."
Fastmarkets AMM's weekly assessment for US domestic A500 hollow structural sections (HSS) was unchanged at...