Mills slate $40/T hike for HSS, mechanical tube

Oct 26, 2012 | 05:14 PM | Michael Cowden

Tags  Atlas Tube, Independence Tube, Maruichi Leavitt Pipe & Tube, Welded Tube of Canada, Southland Tube, ExlTube, HSS, mechanical tube structural tube

CHICAGO — Domestic tube mills have slated price hikes of at least $40 per ton ($2 per hundredweight) on hollow structural sections (HSS) and mechanical tube products, although market sources remain mixed on whether the effort will succeed.

The latest round of increases started with Atlas Tube Inc., a subsidiary of Chicago-based JMC Steel Group Inc., which on Thursday told customers it would boost prices by a minimum of $40 per ton for all HSS shapes through 12 inches square and HSS rounds through 20 inches in outside diameter. The move was effective with new orders, but orders already on the books would be kept at current prices through Nov. 26 shipments, it said.....

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