US steel hollow sections market remains stalled

Market sources have continued to suggest that the steel hollow structural sections (HSS) market in the United States is teetering on the edge of a possible correction but has yet to fall.

Fastmarkets assessed the steel hollow sections ASTM A500 Grade B domestic, fob mill US price at $2,425-2,475 per ton ($121.25-123.75 per hundredweight) on Thursday November 11, unchanged for the 14th consecutive week since mid-August. “There’s no pricing movement, but people have waited too long [to restock inventory] and are loading back up again,” a midwestern producer source said. “There are starting to be some fairly large holes in service...

Published

Mark Burgess

November 12, 2021

16:08 GMT

Knoxville, Tennessee