Pipe demand flat despite price gains
Mar 26, 2013 | 03:18 PM
| 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.
"Its still pretty flat. Theres 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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