Mills, buyers clash over beam price discounts
Mar 25, 2014 | 03:40 PM
| Frank Haflich
LOS ANGELES Structural steel producers and several of their customers are caught in a tug of war over prices as mills continue to push for the elimination of discounts.
Beam producers earlier this month increased the published f.o.b. mill price on core sizes of wide-flange beams to $41 per hundredweight ($820 per ton) from $40 per cwt ($800 per ton) previously (amm.com, March 10).
Mills are insisting on charging their published prices as they move to eliminate discounts of $20 to $60 per tonor more, in some import-sensitive marketsthat have typified the market for the past year or more, market sources said.....
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.