W. Coast steel tube mills move to raise prices

Nov 14, 2013 | 05:07 PM | Frank Haflich

Tags  steel, structural tubing, hollow structural sections, HSS, West Coast, price increases, Searing Industries, Vest Maruichi American

LOS ANGELES — West Coast producers of structural steel tubing have joined the move to raise prices, posting an initial $40 per ton increase ahead of what many believe is an upcoming second round of increases from mills east of the Rockies.

Most California producers of hollow structural sections (HSS) have announced price increases due to take effect with new orders at various points this week, according to market sources, including Maruichi American Corp., Santa Fe Springs, Calif.; Vest Inc., Los Angeles; Searing Industries Inc., Rancho Cucamonga, Calif.; and Hannibal Industries Inc., Santa Fe Springs. In addition, Lindon, Utah-based American Tubular Products earlier raised its price, also by $40 per ton.....

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