HSS mills push to hike prices another $30/T

Jul 18, 2013 | 05:31 PM | Thorsten Schier

Tags  MSCI, Metals Service Center Institute, pipe, tube, HSS, hollow structal sections, Atlas Tube, JMC Steel Group Independence Tube

NEW YORK — At least three domestic hollow structural sections (HSS) mills are attempting to raise prices another $30 per ton, the third hike on the product from mills east of the Rockies over the past two months.

Sources said Atlas Tube Inc., a subsidiary of Chicago-based JMC Steel Group Inc., led the recent hike with a $30-per-ton increase effective July 17. Orders already on Atlas’ books are price protected through Aug. 16, sources said.

A company spokesman declined to comment.

Chicago-based Independence Tube Corp. followed the $30-per-ton move, according to sources, as did Welded Tube of Canada Ltd., Concord, Ontario, with increases effective July 18.....

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