Sources close to SteelOrbis have confirmed that while the official spot market price for US domestic HSS tubing is still being heard at approximately $87 cwt. ($1,918/mt or $1,740/nt), FOB mill, deals below that range "are not hard to come by."
Sources also speculate that it's "just a matter of time" before mills' reduce their book prices due to hesitant buying activity and still-falling HRC prices.