Steel pipe, tube market driving for more gains

Apr 29, 2014 | 05:13 PM | Thorsten Schier

Tags  steel pipe and tube, prices, price increases, hot-rolled band, substrate, ExlTube Co., standard pipe, HSS hollow structural sections

NEW YORK — Structural tubing and standard pipe prices east of the Rockies look poised to move higher following recent hikes, buoyed by flat-rolled sheet gains.

"The domestics had no choice (but to raise prices) because of the hot-rolled situation," one distributor in the South said of the supply chain challenges and planned outages that have driven hot-rolled coil prices higher.

The latest increase came from ExlTube Co., which on April 29 raised prices for A53 grade B standard pipe products by $50 per net ton effective with new orders after 5 p.m. Central Standard Time the same day.....

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