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01 May
19:24

Liquidity concerns anchor US energy tube pricing

A lack of liquidity continues to weigh on the US energy tube market, Kallanish reports.  A Gulf Coast trader says the market is coming to “...an absolute stop.” “Mills are starting to shut down and daily inquiries are almost non-existent,” he says. “All are at wait-and-see due to the uncertainty of the future. Until energy consumption increases by a great level, the oil patch will be very, very disorganised.” Kallanish he…
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