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14 Apr
17:28

EXLTUBE hikes structural, mechanical tube prices

EXLTUBE is raising its A500 and A513 tubular prices, Kallanish learns from a customer letter.  Pricing for both products will increase by $100/short ton, effective immediately, due to “escalating substrate costs and limited supply of finished goods,” the company says.  Extant orders will be price-protected through 7 May.  US hot-rolled prices recently reached a new record high of $1,400/st - and prices are likely not done climbing, mar…
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