NEW YORK Atlas Tube Inc.
has raised its prices for hollow structural sections (HSS) by a
minimum of $50 per ton effective with new orders.
The subsidiary of Chicago-based
JMC Steel Group Inc. said in a March 4 letter to customers that
the increase applies to all HSS shapessquares and
equivalent rectanglesthrough 12 inches square, as well as
all HSS rounds up to 20 inches in outside diameter.
All orders currently on
Atlas books will be price-protected for shipments through
April 1, the company said.
The price hike was followed by
Birmingham, Ala.-based American Tube Manufacturing Inc., which
has raised HSS prices by $50 per ton effective immediately,
according to a March 5 letter to customers.
Orders already on the books will
be price-protected through April 1 shipment, American Tube
Southland Tube Inc. also
followed the move, hiking structural, mechanical and pipe
products by $50 per ton, according to a March 5 letter to
customers. Orders currently on the books will be
price-protected through April 1 shipment, the Birmingham,
Ala.-based company said.
Welded Tube of Canada Ltd. is
also on board, hiking prices on HSS and mechanical tube
products by a minimum of $50 per ton effective with orders
received after 4:30 p.m. EST on March 5. Existing orders will
also be protected through April 1, the Concord, Ontario-based
company said in a letter to customers dated March 5.
The HSS increases come after most large flat-rolled
steelmakers recently announced price hikes of $50 per ton (
amm.com, Feb. 27).