NEW YORK At least two
more structural pipe and tube mills have raised prices
following a leading move from Atlas Tube Inc. earlier this
Maruichi Leavitt Pipe & Tube
LLC raised prices on all products by a minimum of $50 per ton
effective with new orders placed after 5 p.m. CST on March 5,
according to a letter sent to customers. All previously
confirmed orders will be price-protected for shipments through
April 1, the Chicago-based company said.
Maruichi makes structural,
mechanical and HI-Y 50 pipe-size tubing, according to its
Montreal-based Nova Tube Inc.
also followed the increase, raising its hollow structural
sections (HSS) prices by $50 per ton effective March 5,
The increases follow an
apparently leading move by Atlas Tube, a subsidiary of
Chicago-based JMC Steel Group Inc., which announced March 4
that it was raising prices for HSS by a minimum of $50 per ton (
amm.com, March 5).