US buyers reject steel hollow structural sections price hike

A producer-announced increase in pricing for domestic hollow structural sections (HSS) in the United States has been uniformly rejected by buyers, and the $75-per-ton increase has been retracted.

“That increase likely wasn’t worth the ink it was printed on from what I can see,” a southern distributor source said. “It will be an interesting ride going forward. Maybe an infrastructure resolution gives it another shot in the arm, but otherwise there’s not much motivation to carry a lot of inventory currently.” With consensus pointing at no increase, Fastmarkets’ weekly assessment for steel hollow sections ASTM...

Published

Mark Burgess

October 08, 2021

18:07 GMT

Knoxville, Tennessee