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15 Jan
18:56

Standard pipe prices get boost from skelp

Standard pipe prices appear to be rising due to increases in skelp, Kallanish learns. Wheatland Tube and EXLTube have both hiked prices by $40/st, effective immediately, for all non-contract business. “So far, indications are it is sticking,” says one market source. Recent capacity cuts in welded pipe by TMK Ipsco are aiding the increase, he says, though the primary driver remains skelp cost. Kallanish puts hot-rolled skelp at $400-420/st. A $2…
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