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