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19 Feb
20:41

Frigid conditions paralyse US energy tube market

The US energy tube market remained frozen last week as severe winter storms ripped through the oilpatch, creating a dual energy and humanitarian crisis in Texas and blocking up energy and steel markets.  Kallanish held its representative P110 domestic welded casing price Friday at $1,450-1,500/short ton. Prior to the series of winter storms, market sources attributed the relative resilience in oil country tubular goods pricing to the on-going strength in skel…
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