Atlas, Nova Steel boost HSS prices $40/T

Jul 20, 2012 | 04:13 PM | Michael Cowden

Tags  Atlas Tube, JMC Steel, Wheatland tube, price increase, hollow structural sections, HSS, Michael Cowden

TORONTO — At least two North American hollow structural sections (HSS) mills have increased prices by $40 per ton ($2 per hundredweight).

Atlas Tube Inc. appears to have kicked off the latest round of HSS price increases. The subsidiary of Chicago-based JMC Steel Group Inc. said in a July 19 letter to customers that it was lifting tags on all HSS shapes—squares and rectangles equivalents—through 12 inches square as well as all HSS rounds through 20 inches in outside diameter. The company said the increase was effective with new orders received Thursday evening but that orders already on its books would be kept at current prices for shipment through Aug. 18.....

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