Fastmarkets assessed steel hollow sections ASTM A500 Grade B domestic, fob mill US at $1,500-1,530 per short ton ($75.00-76.50 per hundredweight) on Thursday February 4, flat from the prior week, which was the highest on record since Fastmarkets began assessing the market in 2009. The assessment is also 18.4% higher than $1,260-1,300 per ton at the beginning of the year.
Market participants previously said the latest round of price rises of $150...