NEW YORK Higher
steel prices have prompted Allied Tube & Conduit Corp., a
division of Atkore International Holdings Inc., to increase
tags for fence, mechanical and sprinkler pipe products.
Fence framework prices
are slated to rise by 5 percent effective Jan. 7 "due to the
continued rise in hot-rolled and cold-rolled steel prices in
the market," the Harvey, Ill.-based company said in a Jan. 3
letter to customers. Orders placed prior to the end of business
Jan. 6 will be price protected for shipments no later than Jan.
Meanwhile, Allied Tube
increased all sprinkler pipe products by 4 to 6 percent
effective Jan. 6, with orders placed by the end of the day Jan.
3 price protected.
"Further increases are
anticipated, and it is recommended escalation be included in
all project estimates," the company said.
Tectron Tube division plans to raise prices for mechanical tube
products by $60 per ton ($3 per hundredweight) effective with
shipments after Jan. 13.
"Buoyed in part by increased steel consumption within the
automotive sector and a decrease in domestic steelmaking
capacity, global steel prices in general are now trending
higher as economic conditions worldwide continue to improve,"
the company said.