Beam prices hold steady, buyers still cautious
Oct 18, 2013 | 09:18 AM
| Frank Haflich
LOS ANGELES Structural steel pricing has remained flat for the fifth consecutive month as buyers saw nothing that would suggest a change in wide-flange beams.
"Theres been zero movement" in pricing during the past month, one Midwest distributor said, noting that published and transaction prices have held steady.
Published f.o.b. mill prices on core sizes of wide-flange beams have remained at $765 per ton ($38.25 per hundredweight) since May. However, discounts on a delivered basis have ranged from $40 to $60 per ton, depending on local market conditions and the size of the buyer, according to market sources. While some of these discounts are viewed as foreign-fighter offers, especially on the coasts, price cutting has....
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.