04
Nov
17:45
Election matters little for energy tube prices
The results of the US presidential election will have little effect on steel prices in the oilpatch, Kallanish hears from market sources.
Oil country tubular goods prices remain mired around $870-890/short ton for domestic welded P110 upgradeable material, says one buy-side source. Thinning inventories are supporting a small uptick in prices but overall demand remains low, he says.
Despite the rhetoric from the Republican and Democratic candidate, says a seco…
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Anonymous
Very good overview of the weekly steel market.
Anonymous