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Southland, ExlTube follow HSS price hike

Keywords: Tags  Southland Tube, hollow structural sections, HSS, Atlas Tube, JMC Steel Group, ExlTube, price increase


NEW YORK — More mills have followed a $30-per-ton hollow structural sections (HSS) price increase launched by Atlas Tube Inc., a subsidiary of Chicago-based JMC Steel Group Inc., late last week.

Southland Tube Inc., Birmingham, Ala., and ExlTube Co., North Kansas City, Mo., both said in letters to customers that orders shipped by Aug. 16 will be price protected.

Early movers on the increase made their hikes effective July 17 and 18 (amm.com, July 18), while ExlTube has followed Southland Tube in making its increase effective at the end of the day July 26.

"The continued escalation in raw material costs makes this increase necessary," Southland Tube said in its letter to customers.


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