HSS mills largely sticking to latest price hike

Aug 20, 2013 | 02:25 PM | Thorsten Schier

Tags  HSS, hollow structural sections, MSCI, Metals Service Center Institute, pipe and tube, Thorsten Schier

NEW YORK — Hollow structural sections (HSS) mills east of the Rockies are largely sticking to recently announced price hikes, although discounts for larger orders are possible, market sources told AMM.

"Let’s say if there’s an attractive package, they will deviate," a Midwest service center source said, but added that mills are sticking to the increases for spot purchases.

Flat-rolled mills also are holding to their recently announced hikes—AMM’s benchmark price for hot-rolled sheet held at $33 per hundredweight ($660 per ton) this past week—driving up substrate costs. "Flat-rolled guys seem to be holding firm. We haven’t been offered any deals," a southern mill source said.....

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