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15 Oct
18:29

Low inventories, high HRC support US pipe pricing

Low inventories and high skelp pricing continue to support energy tubular pricing in the US market. The representative P110 domestic welded casing price was maintained last week at $2,300-2,500/short ton, ex-works, domestic mill. HRC prices, currently at $1,940-1,960/st, are starting to soften some, market sources tell Kallanish. Low inventories continue across the board and “demand is weak, even non-existent” in the large OD sector, according to one …
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