June 2018

US structural tubing prices rise due to mills’ coil concern

Prices for domestically produced structural tubing in the United States climbed after mills started wondering if there will be enough hot-rolled-coil substrate to go around later this year.

EUROPE SECTIONS: Market expecting imminent price increases

Prices for domestic hollow steel sections narrowed in Northern Europe this week as mills prepared to push up prices, sources told Metal Bulletin on Wednesday June 27.

US structural tubing prices rise as buyers accept mill hikes

Prices of domestically produced structural tubing in the United States rose for a second straight week after customers demonstrated that they were willing to pay the most recent price increases announced by the mills.

EUROPE SECTIONS: Demand flat amid uncertain market

Prices for domestic hollow steel sections narrowed in North Europe and widened in South Europe this week, with the market cautious due to various tariff and safeguarding investigations, sources told Metal Bulletin on Wednesday June 20.

Brazil sets anti-dumping duties against stainless pipe imports from Asia

The Brazil has imposed anti-dumping duties in imports of welded austenitic stainless steel pipes imported from Malaysia, Thailand and Vietnam.

US structural tubing prices rise after coil-driven price increases

Prices for domestically produced structural tubing in the United States rose after mills announced $40-per-ton ($2-per-hundredweight) price increases to recoup higher substrate costs.

STEEL WEEK IN BRIEF: Renewed demand for Turkish steel, EU awaits safeguard measures, Pakistan sets anti-dumping duties…

Metal Bulletin reviews the major stories that have affected the steel market over the past week.

US welded tube, pipe prices rise on coil, Section 232

Prices of domestically produced mechanical tubing and standard pipe in the United States increased because of expectations that reduced import competition would exacerbate the effect of higher substrate costs.

EUROPE SECTIONS: Southern EU prices dip in ‘unpredictable’ market

Prices of domestic hollow steel sections in Southern Europe dipped this week, which sources attributed to continuing political uncertainty causing a lack of transparency in the market, while prices in Northern Europe were steady.

TURKEY PIPE EXPORTS: Prices down on falling raw material costs, weak demand

Turkish pipe export prices have continued to weaken in June on low demand and falling raw materials prices, sources said on Wednesday June 13.