US structural tubing price unchanged on business deadlock

Prices for hollow structural sections (HSS) in the United States was unchanged on Thursday September 10 as a deadlock in business between some buyers and mills continued.

Fastmarkets assessed the price for steel hollow sections ASTM A500 Grade B domestic, fob mill US at $740-780 per short ton ($37-39 per hundredweight) on September 10, unchanged from the previous week and nearly flat from $740-770 per ton one month ago, but down by 13.6% from $860-900 per ton one year ago. “I think [buyers] will start to assess their inventory and monitor it and sometime during the week of September 21, we’ll have a good indication of where this number will hit,” a steel tube producer said. At the end of August, Atlas Tube,...

Published

Elizabeth Ramanand

September 11, 2020

18:50 GMT

New York