January 2019

EUROPE SECTIONS: Market stable ahead of import quota renewal

A lack of new business kept the prices of hollow steel sections in Europe unchanged on Wednesday January 30 although market sentiment has been mixed, participants told Fastmarkets MB.

US structural tubing prices flat; buyers halt

Prices for domestically produced structural tubing in the United States held steady this past week, with electric-resistance-welded mills facing a conundrum as substrate prices continue to decline and customers postpone orders until tube prices follow suit.

EUROPE SECTIONS: Prices down after drop in HRC feedstock costs

Prices for hollow steel sections in Northern Europe moved downward on Wednesday January 23 due to falling costs for feedstock materials, market participants have told Fastmarkets.

US structural tubing prices dive; no sign of HRC price bottom

Prices for domestically produced structural tubing in the United States dropped after distributors avoided ordering inventory while the declining price of hot-rolled coil indicated that tube will be cheaper soon, too.

EUROPE SECTIONS: Prices unexpectedly fall after EU announces quota-tariff plan

Prices for hollow steel sections in Europe moved down on Wednesday January 16, to the surprise of some market participants.

US structural tubing price drops during slow January

Prices for domestically produced structural tubing in the United States have fallen for the 12th week since August after persistent declines in mills' substrate costs convinced distributors to wait longer for lower electric-resistance-welded (ERW) prices.

US tube, pipe prices drop after hot-rolled index recoils

Prices for mechanical tubing and standard pipe declined in the United States after the cost of domestic substrate material slid into correction territory; seamless varieties fell for the first time in more than two years.

TURKEY STEEL PIPE EXPORTS: Prices hit bottom, but demand from Europe expected

Turkish pipe export prices have continued to fall with weak demand and lower costs for pipemaking raw materials, sources told Fastmarkets on Wednesday January 9.

EUROPE SECTIONS: Trading flat as market mulls import quota news

Prices for hollow steel sections in Europe remained flat on Wednesday January 9 while market participants digested the news about a revised import quota regime for the region.

EUROPE BEAMS: Prices unmoved on lack of trading

Domestic prices for steel beams in Europe remained unchanged again on Wednesday January 9, with the market slow to return to trading after the New Year break, sources told Fastmarkets.