Mills confident about latest HSS hike

Nov 19, 2013 | 04:46 PM | Thorsten Schier

Tags  HSS, hollow structural sections, price increase, standard pipe, Independence Tube, ExlTube, Thorsten Schier

NEW YORK — Mill sources are confident in the viability of the latest $20-per-ton ($1-per-hundredweight) hollow structural sections (HSS) price increase.

"If coil goes up $20 per ton from last week, then it should hold," one mill source said, adding that flat-rolled mills are being firm with their recent increases.

A second mill source agreed that the increase should stick, as it was followed by most mills and based on a demonstrable rise in coil prices.....

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