01
Apr
19:03
Standard pipe prices rise in the US
Standard pipe prices appear to be on the uptick in the US in concert with rising skelp prices, Kallanish understands.
At least three producers – Independence Tube, Wheatland Tube and EXLTube – have announced $60/short ton increases, due largely to pressure from increasing hot-rolled prices, says one market source.
As a result, transaction prices at domestic mills have jumped by $50-60/st, says a buy-side source, and mills are unwilling to discount…
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Anonymous
Very good overview of the weekly steel market.
Anonymous