HSS price flat; market sentiment murky

January 12, 2020 / www.metalbulletin.com / Article Link

Prices in the United States for domestically produced structural tubing were unchanged on Thursday January 9 despite tube mill hikes at the start of the month and a fresh round of flat-rolled mill increases this past week.

Fastmarkets' weekly price assessment for steel hollow sections ASTM A500 Grade B domestic, fob mill US was at $890-920 per short ton ($44.50-46 per hundredweight) on Thursday, unchanged from the previous assessment on January 2 but up by 2.3% from $870-900 around this time last month. "There is a big divergence. The reality is [the market is] not aligned right now. There are games being played,"...

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