October 2019

US structural tubing prices slip; restocking said imminent

Prices for structural tubing produced in the United States weakened for a fourth time in the past six weeks, with some distributors reporting preparations to stock up on material.

US mechanical tubing and standard pipe prices follow coil, import offers down

Prices for mechanical tubing and standard pipe have declined in the United States in direct response to lower hot-rolled coil prices and distributors' diminished buying appetites.

EUROPE SECTIONS: Prices down as demand softens

Prices for hollow steel sections in the Northern and Southern European domestic markets moved down this week following a drop in feedstock costs and weak demand, sources told Fastmarkets on Wednesday October 9.

TURKEY STEEL PIPE EXPORTS: Falling HRC costs drag down export prices

Turkish steel pipe export prices have continued to fall in the past month due to decreasing pipemaking raw material costs and limited demand for the material, sources said on Wednesday October 9.

EUROPE SECTIONS: Falling feedstock costs put pressure on sections prices

Prices for hollow steel sections in the European domestic market were unchanged this week although feedstock costs continued to decline, sources told Fastmarkets on Wednesday October 2.