Tag Archives: surplus

Why Steel Pipe Doesn’t Always Follow the Steel Market.

Steel pipe is separate from the steel market due to one major factor, steel pipe is price driven by coil versus general steel shape products such as angle, channel, and beam.  Coil must be made from a slab (vs a billet) and that coil market drives the pricing in the steel market.  Coil is used in the automotive, appliance and any other industry that uses sheet.  Since coil may be in short supply or high supply it is the availability and price of coil that drives steel pipe pricing at any given moment.    Read More