US structural tubing prices sink on HRC decline

Prices for domestically produced structural tubing in the United States dropped for the seventh straight week after the cost of hot-rolled coil substrate continued to tumble.

Fastmarkets AMM's weekly pricing assessment for US domestic A500 hollow structural sections fell to $870-920 per ton ($43.50 to $46 per hundredweight) fob mill on Thursday June 13 from $890-930 per ton ($44.50-46.50 per cwt) on June 6.  Service centers still have not been buying much material for inventory, according to market participants. Substrate prices fell so fast that tubing buyers feared any new stock would be devalued by the time it...


Dom Yanchunas

June 14, 2019

22:51 GMT

New York