HSS prices up, but weak demand remains a risk
Nov 26, 2013 | 03:27 PM
| Thorsten Schier
NEW YORK Hollow structural sections (HSS) prices have risen to $980 per ton ($49 per hundredweight) east of the Rockies as recent price increases by domestic mills have largely taken hold, market sources told AMM.
"Its based on the flat-rolled situation. It does appear the raw material has increased as well," one East Coast distributor said.
The latest price rise comes after mill sources said a recent $20-per-ton ($1-per-cwt) increase will likely hold as flat-rolled prices remain firm (amm.com, Nov. 19).
However, one Mid-Atlantic distributor said he had already started to see some softening on larger orders of HSS, and questioned whether flat-rolled mills would be able to hold on to their recent $20-per-ton increase (amm.com, Nov. 7) in light of traditionally slower year-end demand.....
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