Sources at four tube mills said inquiry or order activity from distributors increased in the first half of July following two steel mill price-increase announcements on sheet and one hike from the tubers.
The "current price has ticked up a little," one tube mill source said. "We're getting mixed signals from different parts of the country."
Fastmarkets AMM's weekly assessment for steel hollow sections ASTM A500 Grade B domestic, fob mill US, was unchanged at $860-900 per short ton ($43-45 per hundredweight) on Thursday July 11.
On July 5, hollow sections had recorded their first increase after a streak of 13 decreases in five months, and followed a round of $40-per-ton hikes by the tube mills on June 28.
Electric-resistance welded (ERW) mills had followed the lead of their substrate providers, which raised sheet prices by the same amount earlier...