29
Oct
19:46
Hot market pushes US energy tubulars pricing upwards
The US energy tubulars market remains hot, Kallanish hears from market sources.
“It’s a rock solid market for the next couple of quarters,” says a Gulf Coast tube trader, with low inventories and strong demand across the sector. “Price doesn’t have a ceiling if you have it on the ground, available for sale, and you find a customer who needs some before March."
Tubular inventories remain low as buyers waited on purchases to see w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous