July 2018

US structural tubing prices hit new high after domestic mill hikes

Prices for US-produced structural tubing rose in the domestic market on Thursday July 19 after electric-resistance-welded (ERW) mills instituted price increases of $30 per ton to recover input costs.

EUROPE SECTIONS: Prices up after proposed feedstock price increase

Prices for domestic hollow steel sections made in Europe went up this week after mills last week announced they would increase prices of hot-rolled coil, the base material for sections, sources told Metal Bulletin on Wednesday July 18.

EU sets provisional safeguarding quotas to combat knock-on effect of US Section 232 tariffs

The European Commission has set preliminary safeguard measures for imports of 23 steel products, it said on Wednesday July 18.

US structural tubing prices flat ahead of price increase announcements

Prices for domestically produced structural tubing in the United States held steady prior to mills announcing a new $30-per-ton ($1.50-per-hundredweight) price increase.

Section 232 pressure pushes US domestic ERW tube, pipe prices up

Prices for domestically produced welded mechanical tubing and standard pipe in the United States rose after Section 232 actions led to stiffer substrate costs and curtailed import competition.

PRESS RELEASE: Metal Bulletin, Westwood Global Energy Group launch new market analysis report aimed at specialty alloys industry

Metal Bulletin has launched in collaboration with Westwood Global Energy Group (Westwood), the leading provider of research, data analytics, and consulting services to the global energy industry, its future of corrosion-resistant alloys report.

EUROPE SECTIONS: Prices largely stable although demand dips for summer

Prices for domestic hollow steel sections have been stable in Europe so far this week due to summer holidays across Europe causing a typical dip in demand, sources told Metal Bulletin on Wednesday July 11.

TURKEY PIPE EXPORTS: Trade barriers limit Turkish exports

Turkish pipe export prices have continued to weaken in July on poor demand in the major markets because of the Section 232 import tariff in the United States and an EU safeguard investigation, sources said on Wednesday July 11.

TRADE CASE MONITOR: Around the world in June 2018

As competition in the global steel markets remains fierce, Metal Bulletin provides an update on the new, progressing and closed trade cases from around the world in June 2018.

Italy’s Marcegaglia sells US galvanized tube mill to Synalloy

Italian steelmaker Marcegaglia has completed the divestment of its tube and pipe operations in the United States by selling its galvanized tube production plant in Munhall, Pennsylvania, it said Wednesday July 4.