Market sees HSS mills holding on price hikes

Nov 13, 2013 | 02:26 PM | Thorsten Schier

Tags  HSS, hollow structural sections, flat-rolled, price increases, Thorsten Schier

NEW YORK — Hollow structural sections (HSS) mills east of the Rockies reportedly are holding the line on a $40-per-ton ($2-per-hundredweight) increase that was slated to take effect Nov. 4.

One mill source said the increase was "sticking with no problem," buoyed by firm flat-rolled prices.

A Mid-Atlantic distributor source agreed that mills were looking to enforce the increase, but noted that end-user demand was softening. "Demand is starting to taper off, which is typical for this time of year, and I don’t expect anything different for December," he said.....

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