Prices for domestically produced structural tubing in the United States dropped for the fifth consecutive week after substrate prices tumbled and distributors were confident they could procure inventory later at a lower cost.
31 May 2019
As competition in the global steel markets remains fierce, Fastmarkets provides an update on the new, progressing and closed trade cases from around the world in May 2019.
31 May 2019
Prices for hollow steel sections in Northern Europe were stable this week with market activity restricted by the Ascension Day holiday in many northwest European countries.
29 May 2019
Mexican steel producer Altos Hornos de México (Ahmsa) had its banking accounts frozen by the local federal government on Monday May 27, amid a corruption probe in the country that also implicates a former executive of state-owned oil company Petróleos Mexicanos (Pemex).
28 May 2019
Domestic prices for hollow steel sections in Europe were unchanged this week as the market considered mill proposals to increase prices despite further falls in feedstock costs, sources told Fastmarkets on Wednesday May 22.
22 May 2019
The European Commission (EC) has initiated a review of its steel import safeguard measures, it said in a notice published in the Official Journal of the European Union on Friday May 17.
17 May 2019
The price range for hollow steel sections in Northern Europe has widened downward this week under the influence of lower prices for hot-rolled coil (HRC), sources told Fastmarkets on Wednesday May 15.
15 May 2019
Italian re-roller Marcegaglia has announced a price increase of €20-30 per tonne to its hollow sections, coil and plate product, effective immediately, the company told Fastmarkets at the Made in Steel trade fair in Milan, Italy on Tuesday May 14.
14 May 2019
Maria Tanatar, Carrie Bone
US structural tubing prices have slipped to their lowest in more than 15 months on falling prices for scrap and hot-rolled coil as well as concerns about second-half demand.
10 May 2019
The United States government has increased its existing 10% additional duties on imports of base metals, ferrous metals and associated products from China to 25% from Friday May 10, citing a lack of progress on ongoing trade talks.
10 May 2019
INS - Keith Nuthall