Mills slate $40/T hike for HSS, mechanical tube
Oct 26, 2012 | 05:14 PM
| Michael Cowden
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.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.