US structural tubing price flat on muted demand

The price for hollow structural sections (HSS) in the United States was flat on Thursday May 28, but market participants were optimistic for June despite muted demand during the last week of May.

“The market is definitely soft this week, but I think it’s because of [Memorial Day],” one distributor said. “We’ll see what next week brings, but I do think it will be much better.” Fastmarkets' weekly price assessment for steel hollow sections ASTM A500 Grade B domestic, fob mill US was unchanged at $800-860 per ton ($40-43 per hundredweight) on May 28, but down 11.7% from $920-960 per ton the year...

Published

Elizabeth Ramanand

May 29, 2020

21:08 GMT

New York