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12 May
18:11

Pipeline hack fails to benefit US tubulars

The Colonial Pipeline hack that’s resulted in a gasoline shortage in the eastern portion of the US is a non-entity for the pipe and tube market - at least for now, Kallanish hears from market sources.  “The Colonial situation highlights our nation’s dependence on hydrocarbon-based fuel - you can’t fill your tank with sunshine or wind,” says a Gulf Coast tube trader. Interestingly enough, the Biden administration has used the pip…
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