West Coast steel tubing price hike holding

Aug 28, 2012 | 04:17 PM | Frank Haflich

Tags  steel, structural steel tubing, structural steel, price increases, Frank Haflich

LOS ANGELES — West Coast producers of structural steel tubing are sticking to a $40-per-ton increase even as buyers report a recent drop-off in demand in an already slow market.

In the two weeks or so since implementation, most day-to-day business still reflects a $40-per-ton hike over prices quoted in mid-August, before local increases came into effect, sources said. This would place core sizes of A500 Grade B hollow structural sections at about $980 per ton ($49 per hundredweight).....

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