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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