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14 May
14:59

Energy tubulars head for consolidation in US

The ongoing problems facing the energy tubulars industry could mean a new round of consolidation is on the way, market sources tell Kallanish.  “Consolidation is always the focus when demand slows and outlook is cautious,” says one Gulf Coast trader. “So there will always be more.” In the meantime, domestic oilcountry tubular prices are continuing to hold and even advance for some grades due to restricted supply and sky-high skelp pri…
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