Domestic steel beam discounts narrow
May 23, 2013 | 05:00 PM
| Frank Haflich
LOS ANGELES Discounting has continued in the steel beam market, although the gap between actual and published prices has narrowed as $20-per-ton price cuts announced earlier in May havent been accompanied by corresponding lower prices on discounted large orders.
While price-cutting on beams that emerged earlier this year has continued, market sources said the discount hasnt moved down along with the published price, leaving estimated delivered prices on larger orders at levels similar to a month ago in the neighborhood of $720 to $725 per ton ($36 to $36.25 per hundredweight) f.o.b. mill. ....
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.