06
Nov
17:32
US line pipe will remain pressured in 2020
The weakness that struck the US line pipe market this year will likely persist into 2020, Kallanish learns from MRC Global’s third-quarter conference call.
Ceo Andrew Lane told analysts during the call that line pipe pricing dropped -17% over the course of the year.
“We think it’s kind of leveled out here at this point,” he says. “So we don’t see that kind of drop next year, a much smaller, muted drop.”
While the o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous