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26 Mar
14:39

Skelp underpins continued OCTG strength in US

Skelp pressure continues to keep energy tube pricing elevated, market sources tell Kallanish. Kallanish maintained its representative P110 domestic welded casing price Friday at $1,700-1,750/short ton. All prices are ex-works, plain-end.  Historically high hot-rolled pricing - now hovering near $1,300/st - has been the primary driver for energy tube pricing so far this year, though the Baker Hughes rig count has been slowly but steadily recovering (see relat…
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