US structural tubing prices flat; follow-through on mill increase spotty

Prices in the United States for domestically produced structural tubing have been steady, with market participants reporting mixed buying appetites around the country and little consensus on the direction of mills' substrate costs.

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...

Published

Dom Yanchunas

March 15, 2019

22:10 GMT

New York