US structural tubing price on the rise; more mills announce increases

Prices for hollow structural sections in the United States rose again on Thursday October 15, on the heels of a fourth tube mill price increase.

Fastmarkets assessed the price for steel hollow sections ASTM A500 Grade B domestic, fob mill US at $850-900 per short ton ($42.50-45 per hundredweight) on October 15, widening up from $850-880 per ton the previous week and the first time the upper end of the price range has reached $900 per ton since mid-March.

The current price is also up by 15.1% from $740-780 per ton one month ago and up by 4.2% from...

Published

Elizabeth Ramanand

October 16, 2020

21:22 GMT

New York