March 2019

US structural tubing prices slip further, defying mill increases

Prices for domestically produced structural tubing in the United States weakened for the second straight week, convincing market participants that the most recent round of mill price hikes won't succeed unless substrate costs rise from current levels.

Some US OCTG prices fall; stock plentiful and rising

Prices for some grades of oil country tubular goods (OCTG) in the United States have weakened in March after buyers noted a continued buildup of available stock.

EUROPE SECTIONS: Prices inch up but market split on future direction

Domestic prices for hollow steel sections in Northern Europe narrowed this week, while market participants failed to agree on the likely future direction of prices, sources told Fastmarkets on Wednesday March 27.

EUROPE BEAMS: Price changes confined to lower ends of ranges

Steel H-beam prices in the Northern European market widened this week because of a slowdown in increases to feedstock costs and poorer market conditions, while Southern European prices narrowed, sources told Fastmarkets on Wednesday March 27.

IN CASE YOU MISSED IT: 5 key stories from March 25

Here are five Fastmarkets MB stories you might have missed on Monday March 25 that are worth another look.

STEEL TUBE & PIPE CONFERENCE: 6 things learned in Houston

On Wednesday March 20 and Thursday March 21, Fastmarkets AMM hosted its 12th Steel Tube & Pipe Conference in Houston. Our reporters summarize six key takeaways from the event.

US structural tubing prices edge lower

Prices in the United States for domestically produced structural tubing have edged lower, with market participants indicating sufficient supply at the mill level and softening demand.

EUROPE SECTIONS: Prices in south inch up, no movement in north

Domestic prices for hollow steel sections in Southern Europe edged up on Wednesday March 20, but are expected to match the stability seen in Northern Europe in the next few weeks, market sources told Fastmarkets.

US structural tubing prices flat; follow-through on mill increase spotty

Prices in the United States for domestically produced structural tubing have been steady, with market participants reporting mixed buying appetites around the country and little consensus on the direction of mills' substrate costs.

EUROPE SECTIONS: Southern European prices push up further

Prices for hollow steel sections in the domestic Northern European market were stable on Wednesday March 13, while prices in Southern Europe edged up for the second consecutive week, market sources have told Fastmarkets.