W. Coast tube producers raise prices

Apr 18, 2014 | 04:49 PM | Frank Haflich

Tags  West coast, structural steel tubing, Evraz Inc., Vest Inc., Searing Industries Inc., Frank Haflich

LOS ANGELES — West Coast producers of structural steel tubing raised prices $40 per ton ($2 per hundredweight) in a move market sources believe will see some initial success, but may face long-term challenges.

Rancho Cucamonga, Calif.-based Searing Industries Inc. raised prices for all structural shapes and pipe products and mechanical and ornamental tubing by $40 per ton effective with new orders received after 5 p.m. PST April 18, it said in a letter to customers. The steel producer said all orders currently on its books will be price protected through May 9, or as....

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