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10 Apr
21:04

Demand shortfall freezes US energy tube

US energy tubulars remain frozen in the face of the Covid-19 pandemic and a rapidly dropping North American rig count, Kallanish reports.  Kallanish held its representative P110 domestic welded casing price Friday at $1,000-1,050/short ton. All prices are ex-works, domestic mill.  Several buy-side sources have said throughout the week that domestic hydrocarbon producers are facing an unprecedented market. The price war between Saudi Arabia and Russia ha…
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