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    Lock Joint Tube buys Wisconsin mechanical tube plant

    Written by Laura Miller


    Lock Joint Tube has acquired the Tectron mechanical tube product line and associated manufacturing facility in De Pere, Wisc., from Atkore Inc.

    The Tectron facility manufactures mechanical tubing in a variety of shapes and wall thicknesses.

    Laura Miller

    Read more from Laura Miller

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    Nucor increases spot HR to $1,240/ton

    Nucor said on Monday, Oct. 12, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,240 per short ton (st) this week, a $10/st increase from a week earlier. The CSP for HR coil from California Steel Industries (CSI) on the West Coast will be $1,305/st, up $15/st from the prior week. Nucor is still offering lead times of three to five weeks, according to the letter to customers. You can track mill price announcements on our website. Steel Market Update (SMU) published a weekly price assessment on Tuesday, Oct. 6, showing HR coil prices averaging $1,270/st, up $10/st from the previous week. We will update our prices on the evening of Tuesday, Oct. 13.