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Price notice: Launch of import hollow sections

Jul 31, 2019 | 05:29 PM | New York | Dom Yanchunas

Tags  Steel prices, assessment, price launch, structural tubing, hollow structural sections, HSS, Dom Yanchunas


Following a 30-day consultation period, Fastmarkets on Tuesday July 9 launched a monthly pricing assessment for steel hollow sections ASTM 500 Grade B import, ddp US port of entry, $/short ton, due to market activity and interest.

The specifications for the assessment are as follows: 

Assessment: Steel hollow sections ASTM 500 import, ddp US port of entry, $/short ton
Quality: ASTM A500, Grade B, 4 inches x 4 inches x 3/16 inch, 42-foot, hot-rolled bare
Quantity: Minimum 100 tons
Location: ddp US port of entry
Timing: Shipment 60-90 days
Unit: USD per short ton
Payment terms: 30 days from delivery
Publication: Monthly, second Tuesday
Notes: Raw materials surcharges included

Fastmarkets has no financial interest in the level or direction of the assessment.

To provide feedback on this price, or if you would like to provide price information by becoming a data submitter to this price, please contact Dom Yanchunas by email at . Please add the subject heading FAO: Dom Yanchunas, re: A500 hollow sections, import.

To see all Fastmarkets’ pricing methodology and specification documents, click here.


 

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