11
Mar
20:53
US A53 stockists endure margin compression
A53 standard pipe producers and distributors are seeing their margins squeezed by weak demand and rising skelp costs, Kallanish learns from market sources.
A53 domestic ex-works prices are unchanged at $750-770/short ton, even as hot-rolled prices have seen announced base price increases of $30/st from most major producers.
The majority of distributors have chosen not to raise their prices in-line with hot-rolled to keep buyers interested in a sub-par market,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous