West Coast tube buyers expecting hike
Apr 15, 2014 | 05:24 PM
| Frank Haflich
LOS ANGELES West Coast buyers of structural steel tubing expect local producers to increase prices soon but are viewing this probability with little enthusiasm in a market where demand has yet to show signs of a significant pickup.
While several mills east of the Rockies have raised prices by $30 to $40 per ton recently (amm.com, April 14), mills on the West Coast had yet to follow as of April 15.
There was little reason to justify an increase in tubing prices, most sources said, but conceded that rising coil costs mean a bump will likely come soon.....
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