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Wheatland, Allied hike fence product prices

Keywords: Tags  Wheatland Tube, Allied Tube & Conduit, JMC, fence products, price increase

NEW YORK — Two domestic mills have raised fence prices as a result of a strengthening flat-rolled steel market.

Wheatland Tube Co., a subsidiary of Chicago’s JMC Steel Group Inc., raised prices on fence framework products by 4 to 6 percent effective June 11. "Due to increased demands in the automotive and construction (sectors), steel coil inventories have been shrinking while lead times are increasing," the Sharon, Pa.-based company said in a letter to customers.

Allied Tube & Conduit Corp. raised prices by the same amount effective June 14 "due to recent escalation in hot-roll steel and the continued transportation cost increases being experience by Allied," the Harvey, Ill.-based company told customers.

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