Buyers welcome flat beam tag outlook
May 04, 2012 | 05:12 PM
| Frank Haflich
Tags
steel beams,
wide-flange beams,
prices,
pricing trends,
flat pricing,
pricing outlook,
regional markets,
ferrous scrap prices
Frank Haflich
LOS ANGELES — The failure of a benchmark scrap price to budge from last month’s level has left most buyers of wide-flange steel beams expecting flat pricing going forward—and most of them are OK with that outlook.
With products ranging from flat-rolled steel to structural tubing to cold-finished bar now looking vulnerable to price erosion despite mills’ price increase announcements, flat but stable pricing is a preferred alternative, say some market sources.....
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