Pipe demand flat despite price gains

Mar 26, 2013 | 03:18 PM | Thorsten Schier

Tags  pipe and tube, tubing prices, hollow structural sections, HSS, oil country tubular goods, OCTG, X42, J55 Thorsten Schier

NEW YORK — Some pipe and tube prices registered an uptick in March due to increasing raw material costs, although demand has yet to improve, market sources told AMM.

"It’s still pretty flat. There’s nothing in the immediate future (to spur a pickup), but we are expecting the year to improve every month as things go on," a Mid-Atlantic pipe and tube distributor said.

Hollow structural sections (HSS) prices have increased to $920 per ton ($46 per hundredweight) from $910 per ton ($45.50 per cwt) previously, with mills capturing at least part of a recent $30-per-ton ($1.50-per-cwt) hike.....

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