CHICAGO Prolamsa Inc. has
increased prices on all tubular products and metal building
components by $40 per ton ($2 per hundredweight) effective with
Meanwhile, some buyer sources
have speculated that another round of structural tubing tags
could be in the works, reflecting a more recent price hike of
$50 per ton ($2.50 per cwt) by domestic coil mills (
amm.com, Nov. 7).
Houston-based Prolamsa, which
makes hollow structural sections (HSS) and mechanical tubing,
said in a letter to customers dated Thursday that orders
already on its books would be held at current prices.
Unconfirmed quotes are subject to revision, it said.
Prolamsa is following price
hikes already announced by other domestic tubing mills, most of
which raised tags by $40 per ton last month following a coil
price increase of the same amount by domestic mills (
amm.com, Oct. 26).
Some market sources told
AMM that tube mills could be poised to boost prices by
another $50 per ton on the heels of the most recent coil
One distributor source said he
had been told by domestic tube mill sources to expect an
increase "any day now."
A second distributor said he had
been told the same. "It might be the close of business
(Friday)," he said, although he questioned whether demand for
structural tubing would be strong enough to support a second
increase in full, if at all.
On Friday, AMM
hadnt yet seen any price increases of $50 per ton from
domestic structural tubing mills.