US structural tubing price lower; demand sentiment mixed

Prices for structural tubing in the United States narrowed lower on Thursday March 19 while industry participants have been trying to navigate an uncertain market and mitigate the risks of possible disruption due to the novel coronavirus outbreak.

Fastmarkets' weekly price assessment for steel hollow sections ASTM A500 Grade B domestic, fob mill US decreased by $20 at the high end of the range to $850-880 per short ton ($42.50-44 per hundredweight) on Thursday. That price is down by 16.8% from $1,020-1,060 per ton one year ago. “I have customers who are really bulking up knowing that if we close the doors...

Published

Elizabeth Ramanand

March 20, 2020

20:56 GMT

New York