Fastmarkets AMM proposes to launch a monthly structural tubing price assessment - US import A500 hollow sections - due to market activity and interest.
The proposed import assessment would be updated on the second Tuesday of each month, along with mechanical tubing and standard pipe prices. The US domestic A500 hollow structural sections (HSS) assessment will continue be updated weekly, on Thursdays.
The specifications for the proposed assessment are as follows:
Assessment: Import hollow sections
Quality: ASTM A500, grade B
Gauge: 4 inches x 4 inches x 3/16 inch, 42-foot, hot-rolled bare
Location: Delivered duty paid (ddp) US port of entry
Unit: USD per short ton
Quantity: Minimum 100 tons
Publication: Monthly, second Tuesday
The 30-day consultation period for this proposal begins on Monday June 3 and will end on Wednesday July 3, with changes set to take place - subject to market feedback - beginning Tuesday July 9.
To provide feedback on this price, or if you would like to provide price information by becoming a data submitter to this assessment, please contact Dom Yanchunas at . Please add the subject heading FAO: Dom Yanchunas, re: import structural tubing.
To see Fastmarkets AMM’s pricing methodology and specification documents, click here.
Fastmarkets AMM has no financial interest in the level or direction of the price assessment.