NEW YORK Nova Tube Inc. has raised
prices on electric-resistance welded (ERW) pipe due to higher
raw material costs, it announced in a letter to
The Montreal-based company increased prices for grade B
electric-resistance welded (ERW) pipe (schedules 40 and 80) by
$40 per ton and ERW A-795 schedule-10 material by 4 percent,
effective at the close of business Feb. 4.
Nova cited the recent increases in raw material as
the reason for the hike.