August 2019

US structural tubing prices flat; September levels in doubt

Prices for domestically produced structural tubing in the United States have been steady, with price-protection expiration dates on the most recent increase passing.

US extends dumping duties on light-wall pipe from four nations

The US Department of Commerce has decided to uphold anti-dumping duties on imports of light-walled rectangular pipe and tube from China, Mexico, South Korea and Turkey following an expedited second sunset review.

EUROPE SECTIONS: Mills reduce offer prices to stimulate demand

The price of steel hollow sections in the European domestic market has been reduced, with mills looking to stimulate demand by making lower offers, sources told Fastmarkets on Wednesday August 28.

US structural tubing prices flat; buying activity said picking up

Prices in the United States for domestically produced structural tubing were steady this past week, with market participants reporting an increase in orders from distributors who had run their inventories too thin.

FOCUS: China steel mills look to beat 2019 bear market through infrastructure growth

Chinese steel mills are banking on infrastructure projects to beat the 2019 bear market, although the remaining months of the year are not expected to be as rosy as January-June due to the country's slowing growth rate.

EUROPE SECTIONS: Domestic trading quiet but imports jump

Domestic prices in Europe for hollow steel sections remained unchanged this week due to the seasonal summer pause in trading, but imports continued to flow into the region, sources told Fastmarkets on Wednesday August 21.

TURKEY STEEL PIPE EXPORTS: Prices down on limited demand during EU summer break

Turkish steel pipe export prices have fallen in August due to limited demand, especially in Europe, during the summer season, sources said on Monday August 19.

US structural tubing prices flat; some mills skirt price increases

Prices for domestically produced structural tubing in the United States were unchanged in the week to Thursday August 15, while market participants questioned some producers’ commitment to their own price-hike announcements.

EUROPE SECTIONS: Market quiet but resistance builds for later price rises

Domestic prices for hollow steel sections in both Northern and Southern Europe were flat this week with market activity paused for the summer, sources told Fastmarkets on Wednesday August 7.

US structural tubing prices rise; increases still on the march

Prices for domestically produced structural tubing in the United States strengthened for the third week since the national Independence Day holiday after mills gradually applied previously announced hikes.