US hollow sections market in holding pattern

Prices for domestically-produced hollow structural sections (HSS) in the United States were steady for the third week in a row, with input costs leveling out and the future of hot-rolled coil prices up for debate.

Fastmarkets’ weekly assessment for steel hollow sections ASTM A500 Grade B domestic, fob mill US remained at $2,425-2,475 per ton ($121.25-123.75 per hundredweight) on Thursday September 2, flat since mid-August. “The increase [some were anticipating] for next week seems to have died on the vine,” an eastern distributor source said. “Hot-rolled has stabilized so that’s the reason for the delay.” Fastmarkets' daily index for HRC, which is the substrate of hollow sections, was calculated at $96.54 per cwt ($1,930.80 per ton) on August 12 -...

Published

Mark Burgess

September 03, 2021

18:30 GMT

Knoxville, Tennessee