02
Oct
19:46
Market woes continue to anchor US energy tubulars
Despite the slow recovery of the US and Canadian rig counts and skelp-based increases, US energy pricing remains largely stagnant, market sources tell Kallanish.
Kallanish held its P110 domestic welded casing price Friday at $1,100-1,150/short ton, ex-works, domestic mill, green tube.
The latest round of price increases - based on rising hot-rolled prices - appear to have stuck, says one Gulf Coast buyer, but transactions remain slim.
A second Gulf C…
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Anonymous
Very good overview of the weekly steel market.
Anonymous