US standard pipe, mechanical tube prices up

Prices for domestic and imported standard pipe and mechanical tubing continued to rise in the United States in October following price hikes on certain grades as well as higher costs and tighter supply of substrate material, according to sources.

“Domestic has definitely increased both on the grade A and grade B side. It hasn’t gone up as much as coil had, it’s still lagging a little, and I think part of that was the reluctance of some distributors to really believe in the steel increases,” one steel pipe and tube producer said. “Now we’ve gotten to the point with how tight coil is, we’re being a lot firmer on the increases.”

Fastmarkets’ price assessment for steel electric-resistance welded (ERW) standard pipe A53 Grade B, fob mill US widened upward by $20 on the high end to $880-950 per short ton on Tuesday October 13. The assessment for steel ERW standard pipe A53 Grade A, fob mill US...

Published

Elizabeth Ramanand

October 14, 2020

22:15 GMT

New York