Mills, buyers clash over beam price discounts

Mar 25, 2014 | 03:40 PM | Frank Haflich

Tags  steel, beams, wide-flange beams, beam imports, 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 (, March 10).

Mills are insisting on charging their published prices as they move to eliminate discounts of $20 to $60 per ton—or more, in some import-sensitive markets—that have typified the market for the past year or more, market sources said.....

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