29
May
19:59
Full inventories anchor US energy tube pricing
US energy tube pricing is suffering from internal as well as external pressure, Kallanish hears from market sources.
The weak demand created by low oil prices and Covid-19 is preventing distributors and oilfield operators from depleting their inventories.
As a result, says one Gulf Coast trader, no one is able to take advantage of what should be rock-bottom restocking prices.
“Look at the duration of the cycle, import levels and projectio…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous