HSS hike hinges on flat-rolled price increase

Mar 06, 2013 | 04:48 PM | Thorsten Schier

Tags  HSS, hollow structural sections, flat-rolled steel, prices, Atlas Tube, JMC Steel, American Tube Manufacturing, Welded Tube of Canada Southland Tube

NEW YORK — Whether recent hollow structural sections (HSS) price hikes will hold depends on the success of earlier flat-rolled steel increases, as there hasn’t been a noticeable pickup in demand, market sources told AMM.

"It’s not bad; it’s just not great," one mill source said of current demand, adding that the flat-rolled increases were the main reason for the hike.

"We need it with the flat-rolled going up," he added.

"They’re doing that because it lets them negotiate off a higher base," a trader said of the hikes. "But whether it really makes a difference in what the customer pays, in the transaction prices, that remains to be seen."....

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