West Coast tube mills join $30/T pricing hike

Mar 14, 2013 | 04:15 PM | Frank Haflich

Tags  steel structural tubing, Maruichi American, Hannibal Industries, American Tubular, Vest Industries, Searling Industries, Frank Haflich

LOS ANGELES — Almost all structural steel tubing producers in the West have joined the recent $30-per-ton hike, and a growing number of market participants see a chance that at least part of the increase will stick in the weeks ahead.

Santa Fe Springs, Calif.-based Maruichi American Corp. told customers that it would raise structural, mechanical ornamental and A-53 pipe by $30 per ton effective with orders March 11, with orders previously on the books shipping at the earlier price until April 8. And Hannibal Industries Inc., also based in Santa Fe Springs, said this week it will boost prices by $30 per ton on structural tube and pipe and ornamental and....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events